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Rana Gruber

Full company profile

uuid0007l3r

Namestring
Rana Gruber
Legal namestring
Rana Gruber ASA
Websiteurl
ranagruber.no
Company typeenum
Private
Founded yearint
1964
Descriptiontext

Rana Gruber ASA is a Norwegian iron ore producer headquartered in Mo i Rana, with operations underlain by more than 200 years of mining history in the Dunderland Valley and an active corporate identity since 1964. The company controls five iron ore deposits across more than 23 million m2 of mineral rights, supporting an annual production capacity of 1.8 million metric tons of iron ore concentrates split between hematite and magnetite. Core processing takes place at the integrated Gullsmedvik plant in Mo i Rana, employing wet autogenous milling, Humphreys spiral washing, magnetic separation, and apatite flotation — all without chemicals — with mine output gravity-loaded directly from underground silos to rail wagons and shipped through the company's own ice-free port terminal. Annual headcount is approximately 370-380 employees, with Q4 2025 reporting record underground mine production of 3.4 million metric tonnes and cash cost per tonne of NOK 647 amid higher energy prices.

Short descriptiontext

Rana Gruber is a Norwegian iron ore producer that mines and processes hematite and magnetite concentrates at its Gullsmedvik plant, exporting primarily to European steel manufacturers and specialty industrial customers through direct sales and a Cargill off-take.

Operating statusenum
Acquired
Ownership categoryenum
Headcount rangeband
251–500
akta.pro rankint
HeadquartersMo I Rana, Norway
HQ citystring
Mo I Rana
HQ countrystring
Norway
HQ regionstring
Europe
Markets served

Serves global market

Offices4 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
iron ore mining, mineral processing, iron ore concentrates, industrial minerals, iron oxide pigments
Industry3 codes
1Iron Ore Mining Operations (Open-Pit & Underground)
CodeIMAKAAACPrimaryYes
2Iron Ore Beneficiation & Concentration (Crushing, Screening, Washing, Magnetic Separation)
CodeIMAKAAADPrimaryNo
3Iron Ore Mine Development & Expansion (EPC, Construction, Commissioning)
CodeIMAKAAABPrimaryNo
NAICS code1 code
  • Iron Ore Mining212210
SIC code1 code
  • Metal Mining1000
Product category
Iron Ore Mining
Social media profiles2 records
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model3 records
1Iron Ore Concentrate Sales
TypeOne Time License
Description

Revenue from producing and selling iron ore concentrates (hematite and magnetite) to the global market. All production is exported, mainly to European buyers. Key customers include steel producers and chemical industry participants.

ranagruber.no
2Hematite Off-take Agreement
TypeTransaction Fee
Description

Off-take agreement with Cargill for entire hematite production. Cargill assists with sales, marketing, and risk management. Revenue recognized upon delivery to customers.

ranagruber.no
3Specialty Magnetite Products
TypeOne Time License
Description

Premium magnetite concentrate M-40LS sold for water treatment, coal washing, and heavy media separation applications. Direct sales to customers for various industrial uses.

ranagruber.no
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Operations, Personnel, Infrastructure, Supply Chain, Technology or R&D
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 of 3 records shown
1M-40LS
Description

High purity magnetite concentrate with low heavy metal content, used in water treatment, coal washing, heavy media separation, and energy production.

ranagruber.no
+2 more records
Core offering1 text field

Rana Gruber mines and processes iron ore from five deposits in the Dunderland Valley of Norway, producing approximately 1.8 million metric tons annually of hematite and magnetite concentrates sold under the "Mo i Rana Concentrates" brand. The company serves European steel manufacturers as its primary customer base, with specialty magnetite products (e.g., M-40LS) and COLORANA® pigments targeted at water treatment, coal washing, heavy media separation, and chemical industry applications. All production is exported through the company's own ice-free port terminal at Gullsmedvik and railway-connected mine-to-plant logistics.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • 7.3 kg CO2 equivalents per tonne iron ore produced (2025) - industry leading low carbon intensity
+3 more records
Product overview1 text field

Rana Gruber is a Norwegian iron ore producer offering two main product lines: hematite and magnetite iron ore concentrates, sold under the Mo i Rana Concentrates brand. The company operates iron ore mining and mineral processing with an annual production capacity of 1.8 million metric tons of iron ore concentrates. Supporting services include R&D for process optimization and new product development, with key customers in the European steel industry and specialty markets. Following Champion Iron's acquisition in 2026, the company continues operating as an independent entity.

Product and service4 records
1Hematite Concentrate
CategoryIron ore concentrate
Description

Iron ore bulk product formulated for metallurgical applications in steel production. Sold primarily to large steel manufacturers in Europe through an off-take agreement with Cargill, which assists with sales, marketing, and risk management.

2M-40LS Magnetite Concentrate
CategoryIron ore concentrate
Description

High-purity magnetite concentrate with low heavy metal content marketed under the commercial name M-40LS. Used in water purification, coal washing, heavy media separation, and energy production applications. Sold directly to industrial customers.

3Mo i Rana Concentrates
CategoryIron ore concentrate
Description

Brand encompassing Rana Gruber's iron oxide concentrates for metallurgical purposes, covering both hematite and magnetite concentrates sold to European steel manufacturers and other industrial buyers.

4COLORANA® Iron Oxide Pigments
CategorySpecialty mineral pigments
Description

Trademarked advanced natural black iron oxide pigments produced from magnetite super concentrates, used as specialty pigments in demanding applications.

Scale indicator10 records

Each record includes

Type, Value, Description, Source

Partnership2 partners
Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Off-take agreement for entire hematite production. Cargill assists Rana Gruber with sales, marketing, and risk management. End market is processed steel for buildings, infrastructure, and automotive industry.

2Research Institutes and Universities
Strategic tierMinorTypeStrategic or Co-development Partner
Description

R&D department collaborates with research institutes and universities to enhance research activities and offer students opportunities for master's degree theses. Ph.D. studies supported for R&D team members.

ranagruber.no
Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Market position
Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers5 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles6 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance1 record

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Rana Gruber

Iron Ore Miningranagruber.no

Rana Gruber is a Norwegian iron ore producer that mines and processes hematite and magnetite concentrates at its Gullsmedvik plant, exporting primarily to European steel manufacturers and specialty industrial customers through direct sales and a Cargill off-take.

What Rana Gruber does

Rana Gruber ASA is a Norwegian iron ore producer headquartered in Mo i Rana, with operations underlain by more than 200 years of mining history in the Dunderland Valley and an active corporate identity since 1964. The company controls five iron ore deposits across more than 23 million m2 of mineral rights, supporting an annual production capacity of 1.8 million metric tons of iron ore concentrates split between hematite and magnetite. Core processing takes place at the integrated Gullsmedvik plant in Mo i Rana, employing wet autogenous milling, Humphreys spiral washing, magnetic separation, and apatite flotation — all without chemicals — with mine output gravity-loaded directly from underground silos to rail wagons and shipped through the company's own ice-free port terminal. Annual headcount is approximately 370-380 employees, with Q4 2025 reporting record underground mine production of 3.4 million metric tonnes and cash cost per tonne of NOK 647 amid higher energy prices.

Rana Gruber firmographics

Firmographics
Name
Rana Gruber
Legal name
Rana Gruber ASA
Website
https://ranagruber.no
Company type
Private
Founded year
1964
Operating status
Acquired
Headcount range
251–500 employees
Short description
Rana Gruber is a Norwegian iron ore producer that mines and processes hematite and magnetite concentrates at its Gullsmedvik plant, exporting primarily to European steel manufacturers and specialty industrial customers through direct sales and a Cargill off-take.
Ownership category
akta.pro rank

Rana Gruber industry classification

Industry
Product category
Iron Ore Mining
NAICS
Iron Ore Mining (212210)
SIC
Metal Mining (1000)
akta.pro primary industry
Iron Ore Mining Operations (Open-Pit & Underground) (IMAKAAAC)
akta.pro secondary industries
Iron Ore Beneficiation & Concentration (Crushing, Screening, Washing, Magnetic Separation) (IMAKAAAD), Iron Ore Mine Development & Expansion (EPC, Construction, Commissioning) (IMAKAAAB)

Keywords

  • Iron ore mining
  • Mineral processing
  • Iron ore concentrates
  • Industrial minerals
  • Iron oxide pigments

Where Rana Gruber is headquartered

Location

Headquarters

HQ city
Mo I Rana
HQ country
Norway
HQ region
Europe

Offices4 records

Markets served

Rana Gruber business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Operations, Personnel, Infrastructure, Supply Chain, Technology or R&D

Revenue model

  1. Iron Ore Concentrate Sales: Revenue from producing and selling iron ore concentrates (hematite and magnetite) to the global market. All production is exported, mainly to European buyers. Key customers include steel producers and chemical industry participants.
  2. Hematite Off-take Agreement: Off-take agreement with Cargill for entire hematite production. Cargill assists with sales, marketing, and risk management. Revenue recognized upon delivery to customers.
  3. Specialty Magnetite Products: Premium magnetite concentrate M-40LS sold for water treatment, coal washing, and heavy media separation applications. Direct sales to customers for various industrial uses.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Rana Gruber product offering

Product offering

Core offering

Rana Gruber mines and processes iron ore from five deposits in the Dunderland Valley of Norway, producing approximately 1.8 million metric tons annually of hematite and magnetite concentrates sold under the "Mo i Rana Concentrates" brand. The company serves European steel manufacturers as its primary customer base, with specialty magnetite products (e.g., M-40LS) and COLORANA® pigments targeted at water treatment, coal washing, heavy media separation, and chemical industry applications. All production is exported through the company's own ice-free port terminal at Gullsmedvik and railway-connected mine-to-plant logistics.

Product overview

Rana Gruber is a Norwegian iron ore producer offering two main product lines: hematite and magnetite iron ore concentrates, sold under the Mo i Rana Concentrates brand. The company operates iron ore mining and mineral processing with an annual production capacity of 1.8 million metric tons of iron ore concentrates. Supporting services include R&D for process optimization and new product development, with key customers in the European steel industry and specialty markets. Following Champion Iron's acquisition in 2026, the company continues operating as an independent entity.

Differentiator

Problem solved

Functional benefit

Brands

  • M-40LS: High purity magnetite concentrate with low heavy metal content, used in water treatment, coal washing, heavy media separation, and energy production.
  • Mo i Rana Concentrates
  • COLORANA®

Products and services

  • Hematite Concentrate Iron ore bulk product formulated for metallurgical applications in steel production. Sold primarily to large steel manufacturers in Europe through an off-take agreement with Cargill, which assists with sales, marketing, and risk management.
  • M-40LS Magnetite Concentrate High-purity magnetite concentrate with low heavy metal content marketed under the commercial name M-40LS. Used in water purification, coal washing, heavy media separation, and energy production applications. Sold directly to industrial customers.
  • Mo i Rana Concentrates Brand encompassing Rana Gruber's iron oxide concentrates for metallurgical purposes, covering both hematite and magnetite concentrates sold to European steel manufacturers and other industrial buyers.
  • COLORANA® Iron Oxide Pigments Trademarked advanced natural black iron oxide pigments produced from magnetite super concentrates, used as specialty pigments in demanding applications.

Quantifiable outcome

  • 7.3 kg CO2 equivalents per tonne iron ore produced (2025) - industry leading low carbon intensity
  • +3 more outcomes

Companies that use Rana Gruber

Customer profile

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Rana Gruber technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature4 records

Rana Gruber partnerships and signals

Strategic signal

Partnerships

Two partnerships are on record, tiered core and minor.

  • CargillcoreChannel Partner/ Reseller/ DistributorOff-take agreement for entire hematite production. Cargill assists Rana Gruber with sales, marketing, and risk management. End market is processed steel for buildings, infrastructure, and automotive industry.
  • Research Institutes and UniversitiesminorStrategic or Co-development PartnerR&D department collaborates with research institutes and universities to enhance research activities and offer students opportunities for master's degree theses. Ph.D. studies supported for R&D team members.

Scale indicators10 records

Recent moves6 records

Expansion highlights5 records

Rana Gruber competitors and assessment

Company assessment

Market position

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Rana Gruber social profiles

Digital presence

Rana Gruber compliance and trust

Trust signal

Compliance1 record

Rana Gruber financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Rana Gruber leadership team

Management profile

Number of profiles

Profiles6 records

Rana Gruber funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Rana Gruber M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Rana Gruber

What does Rana Gruber do?

Rana Gruber mines and processes iron ore from five deposits in the Dunderland Valley of Norway, producing approximately 1.8 million metric tons annually of hematite and magnetite concentrates sold under the "Mo i Rana Concentrates" brand. The company serves European steel manufacturers as its primary customer base, with specialty magnetite products (e.g., M-40LS) and COLORANA® pigments targeted at water treatment, coal washing, heavy media separation, and chemical industry applications. All production is exported through the company's own ice-free port terminal at Gullsmedvik and railway-connected mine-to-plant logistics.

Is Rana Gruber a public or private company?

Rana Gruber is a private company. It is classified as corporate owned and is currently acquired.

When was Rana Gruber founded?

Rana Gruber was founded in 1964. It employs 251 to 500 people.

Where is Rana Gruber based?

Rana Gruber is headquartered in Mo I Rana, Norway, in the Europe region.

How does Rana Gruber make money?

Three revenue lines are on record. Iron Ore Concentrate Sales are the primary driver. The others are hematite Off-take Agreement and specialty Magnetite Products.

Does Rana Gruber have an API?

No public API is recorded for Rana Gruber.

What industry is Rana Gruber in?

Rana Gruber's product category is Iron Ore Mining. Its primary akta.pro industry code is IMAKAAAC, Iron Ore Mining Operations (Open-Pit & Underground), with a secondary code of IMAKAAAD, Iron Ore Beneficiation & Concentration (Crushing, Screening, Washing, Magnetic Separation). Its NAICS code is 212210 and its SIC code is 1000.

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Contact sales
Live signals
NewswireCHAMPION IRON REPORTS ITS FY2027 FIRST QUARTER RESULTSChampion Iron reported Q1 FY27 results for the quarter ended June 30, 2026, with quarterly production of 3.9 million wmt and sales of 3.3 million dmt. Revenues totaled $357 million and EBITDA was $33 million, while net loss was $41.5 million. The company completed the DRPF project and acquired Rana Gruber.ChampionironCHAMPION IRON REPORTS ITS FY2026 FOURTH QUARTER PRODUCTION AND SALESChampion Iron reported Q4 FY26 production of 3.4 million wmt and sales of 3.5 million dmt, with C1 cash cost of $82.7/dmt. The DRPF project advanced with initial production tests completed in March 2026, and the Rana Gruber acquisition closed in April 2026.NewswireCHAMPION IRON REPORTS ITS FY2026 FOURTH QUARTER PRODUCTION AND SALESChampion Iron reported Q4 FY26 production of 3.4 million wmt and sales of 3.5 million dmt, with C1 cash cost of $82.7/dmt. The DRPF project advanced as planned, with initial production tests completed in March 2026 and commercial production expected by end of Q2 2026. The company also closed its acquisition of Rana Gruber in April 2026.ChampionironCHAMPION IRON COMPLETES THE ACQUISITION OF RANA GRUBERChampion Iron completed its cash tender offer to acquire Rana Gruber at NOK 79 per share, with 92.48% of shares accepted. The deal, valued at approximately US$300 million, is funded by cash, a private placement, and a term loan. Champion will now pursue compulsory acquisition of remaining shares and delist Rana Gruber.NewswireCHAMPION IRON COMPLETES THE ACQUISITION OF RANA GRUBERChampion Iron completed its cash tender offer to acquire Rana Gruber at NOK 79 per share, with 92.48% of shares accepted. The deal, valued at approximately US$300 million, is funded by cash, a private placement, and a term loan. Champion will then compulsorily acquire the remaining shares and delist Rana Gruber.EIN PresswirePrime Minister Carney deepens cooperation with Nordic countries in defence, Arctic security, and critical mineralsPrime Minister Mark Carney visited Norway this week to strengthen Canada's Arctic security, defence, and economic partnerships with Nordic countries, attending a Canada-Nordic Summit with leaders from Denmark, Finland, Iceland, Norway, and Sweden. During the visit, Canadian company Champion Iron announced plans to acquire Norwegian iron ore producer Rana Gruber ASA for approximately $400 million, and Carney met with business leaders to attract international capital investment to Canada. Carney also observed Exercise Cold Response, a Norwegian-led NATO training exercise above the Arctic Circle, reinforcing Canada's commitment to collective security and NATO partnerships.NewswirePrime Minister Carney deepens cooperation with Nordic countries in defence, Arctic security, and critical mineralsCanadian Prime Minister Mark Carney visited Norway this week to observe the NATO Exercise Cold Response and attend the Canada-Nordic Summit with leaders from Denmark, Finland, Iceland, Norway, and Sweden, deepening cooperation on Arctic security, defence, trade, and critical minerals. The visit yielded a concrete business outcome as Canadian company Champion Iron announced its acquisition of Norwegian iron ore producer Rana Gruber ASA for approximately $400 million in equity value. Carney also met with business leaders to position Canada as a destination for international capital, with Norway home to the world's largest sovereign wealth fund exceeding $3.5 trillion.NewswireSATISFACTION OF MINIMUM SHAREHOLDER ACCEPTANCE CONDITION OF RECOMMENDED VOLUNTARY CASH OFFER FOR RANA GRUBERChampion Iron Limited has announced that its recommended voluntary cash offer to acquire Rana Gruber ASA at NOK 79 per share has satisfied the minimum acceptance condition, having received acceptances representing approximately 90.07% of Rana Gruber's issued share capital and voting rights. Subject to customary verifications, Champion will upon completion own more than 90% of the shares and voting rights in Rana Gruber. Following completion, Champion intends to carry out a compulsory acquisition of the remaining shares in accordance with Norwegian law.Seeking AlphaRana Gruber ASA (RAGRF) Q4 2025 Earnings Call TranscriptRana Gruber ASA reported Q4 2025 revenues of NOK 413 million, down from NOK 443 million a year prior, with adjusted net profit falling to NOK 44 million from NOK 95 million due to lower production volumes and temporary processing plant disruptions. The company recorded record underground mine production of 3.4 million metric tonnes and announced Champion Iron's voluntary cash offer valued at approximately NOK 2.9 billion was approved by the Norwegian Financial Supervisory Authority, subject to a 4-week acceptance period. Cash cost per tonne increased to NOK 647 amid higher energy prices, though the company maintains a strong balance sheet with a 56.9% equity ratio and expects improved performance as Stensundtjern open pit comes online in Q1 2026.The Globe and MailChampion Iron to acquire Norway’s Rana Gruber for $289-millionChampion Iron Ltd. is acquiring Norway’s Rana Gruber ASA for US$289 million to expand its iron ore assets and leverage Rana Gruber's access to renewable energy in Norway. The deal is supported by institutional investors and aims to capitalize on low-carbon production and regulatory advantages in Europe.