ABC reported that Grange Resources' total revenue for the 2008 to 2009 financial year has risen to more than USD 350 million.

The company's production was up slightly in the June quarter, taking the total ore mined for the year to more than 17 million tonnes.

Australia's largest magnetite ore exporter is developing the Southdown project, 90 kilometres north east of Albany.

Southdown is currently subject to environmental approvals for both the mine site and proposed works at the Albany Port.

(Sourced from ABC.net)