Grange Resources has received an environmental approval and manufacturing licence approvals from the Malaysian Government for its 6.8 million tonne per annum iron ore pellet plant to be built at Kemaman in Malaysia .

The Environmental Approval sets out the conditions under which the plant can operate. Overall the environmental conditions set for the pellet plant have been greeted enthusiastically for a project of this scale, however an appeal has been lodged in respect to one condition relating to material storage areas. Grange is confident that this condition will be amended.

The Manufacturing Licence sets out MITI's requirements for the construction and operation of the pellet plant.

The receipt of these two approvals represents significant milestones in the development of this $US550 million investment.

These approvals, together with the previous approval of Pioneer Status with its associated package of investment incentives, demonstrate the strong support the Malaysian Government has given to the development of this project.