Press release 📈 Stocks 🌍 Sweden ISIN SE0018014243

GRANGEX Launches Circular Industrial Minerals Programme to Repurpose Tailings

GRANGEX is launching the CIM programme to convert millions of tonnes of annual tailings sand into commercial raw materials for the cement industry, aiming to improve resource efficiency and reduce landfill reliance.

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GRANGEX launched its CIM programme on 5 November 2026 to study turning tailings into cement raw materials. It cites about three million tonnes of sand per year at Sydvaranger once restarted and USD 1 million in planned project financing, but the work remains at feasibility/scoping stage with no revenue guidance or final investment decision.

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🎯 Key Takeaways

  • The CIM programme coordinates recycling efforts for tailings at the Sydvaranger mine and the Apatite project in Grängesberg.
  • Sydvaranger is expected to generate three million tonnes of tailings sand annually upon restart, which GRANGEX aims to market as a cement additive.
  • The initiative seeks to phase out fjord disposal in Norway while addressing the cement industry's demand for lower-carbon materials.
  • GRANGEX has allocated USD 1 million in project financing for the development of these circular applications.

📝 Executive Summary

GRANGEX AB has launched its Circular Industrial Minerals (CIM) programme to transform mineral waste from its Sydvaranger and Grängesberg projects into industrial raw materials. The initiative aims to repurpose tailings sand as a sustainable substitute in cement production, potentially reducing the environmental footprint of both mining and construction. The company has earmarked approximately USD 1 million in project financing to advance these circular applications.

❓ FAQ

What is the primary goal of the CIM programme?

The Circular Industrial Minerals (CIM) programme aims to recycle and commercialize mineral waste streams, specifically tailings sand, by repurposing them as raw materials for the cement and construction industries.

How does this impact the Sydvaranger mine project?

The programme prioritizes the three million tonnes of tailings sand expected annually from the Sydvaranger mine, aiming to reduce environmental impact and phase out fjord disposal by finding commercial uses for the material.