Article

Grangex has formed a strategic partnership with Anglo American to support the restart of the Sydvaranger iron ore mine in northern Norway. This collaboration aligns with the European Union's critical raw materials strategy, aiming to enhance regional supply chain resilience and geopolitical resource security. The mine contains significant magnetite reserves that are suitable for hydrogen-based green steel production, making it strategically important as European steel producers seek decarbonization through premium feedstocks from stable jurisdictions.