Sweden's Grangex AB announced its subsidiary Sydvaranger Drift AS signed a mining services agreement with Finnish company E. Hartikainen Oy. The $645 million five-year contract covers full open-pit mining services for Sydvaranger mine restart in northern Norway. Ultra-high-grade direct reduction iron ore concentrate production is expected to begin in Q4 2026. This represents Grangex's largest operational contract supporting predictable mine operations.