Grange Resources Limited (Grange Resources) is an Australia-based company engaged in producing magnetite. Grange Resources owns and operates its integrated iron ore mining and pellet production business located in the northwest region of Tasmania, the Savage River magnetite iron ore mine. At Port Latta, is Grange Resources' wholly owned pellet plant and port facility producing approximately two million tons of iron ore pellets annually. Grange Resources has the majority interest in a magnetite development project at Southdown near Albany in Western Australia. The Southdown Joint Venture (SDJV) is a joint venture between Grange Resources, an Australian publicly listed company (70%) and SRT Australia Pty Ltd (30%), a Japanese trading house.