BUZZ — Australia's Grange Resources rallies after greenlighting Savage River underground project
* Shares of Grange Resources rise 13.6% to A$0.125, strongest session since April 30 and hit highest in two weeks * Iron ore pellet producer greenlits the North Pit Underground Project at its Savage River Iron Ore Pellet Operations in Tasmania * Underground project is poised to extend the life of Savage River operation