Gunnar Moe
Chief Government Officer
Welcome to this presentation of Rana Gruber’s outcomes for the fourth quarter and full yr of 2025. My title is Gunnar Moe, and I’m the CEO at Rana Gruber. With me at this time is our CFO, Erlend Hoyen. We’ll now take you thru our operational and monetary efficiency, and you might be welcome to ship us questions in the course of the presentation by utilizing the Q&A characteristic. Questions will probably be answered on the finish of the session.
The robust manufacturing pattern from earlier years continues, each on the mine web site and on the processing plant. The manufacturing processing plant was near our capability at 1.85 million metric tonnes, and the mine web site delivered one other robust yr. For the underground mine, we had a file excessive manufacturing at 3.4 million metric tonnes. Fourth quarter was barely under inner expectations and focus manufacturing reached 413,000 tonnes within the quarter. The discount in comparison with earlier quarters was associated to a short lived manufacturing disruption within the processing plant and lowered restoration as we elevated high quality.
Mitigating actions to enhance restoration is described and will probably be carried out in the course of the first half of 2026. International macro uncertainty remained throughout fourth quarter, however iron ore costs has remained fairly steady above USD 100. Revenues for the quarter landed at NOK 413 million, under final yr’s NOK 443 million. Price self-discipline is and will probably be one among our predominant focus going ahead. Fourth quarter was a difficult quarter as we have been hit by elevated power costs and decrease manufacturing. This resulted in a money value per tonne of NOK 647 or USD 64.
In absolute phrases, value
