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0.63000000 USD
0.03
4.55%
Last update Apr 1, 2:46 PM EDT
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0.63000000
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Ferrexpo plc
0.63
0.03
4.55%

Overview

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Description

Ferrexpo plc is a Swiss-headquartered iron ore company with mining and processing assets in Ukraine, recognized as a leading European producer and supplier of premium high-grade iron ore pellets. These pellets, featuring iron grades up to 67% Fe, serve the metallurgical industry by enhancing blast furnace productivity for premium steel mills while enabling the transition to green steel through reduced carbon emissions. The company operates vertically integrated facilities, including the Poltava open-pit mine with over 1 billion tonnes of JORC-compliant reserves—equivalent to more than 50 years of production—the nearby Yeristovo mine, and the upcoming Belanovo mine to boost output. Supporting logistics include rail, barge fleets on the Rhine and Danube, and ocean vessels. Ferrexpo exports to key markets in Europe, Turkey, China, Southeast Asia, the Middle East, and North Africa, contributing significantly to the Ukrainian economy. Incorporated in 2005, it has invested over US$3 billion since its 2007 IPO to pivot toward higher-grade products, fostering resilience and sustainability in the global steel supply chain.

About

CEO
Employees
738
Address
Bahnhofstrasse 13
Baar, 6340
Phone
41 41 769 3660
Website
Instrument type
Common stock
Sector
Basic Materials
Industry
Steel
Country
United States
MIC code
PINX
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Latest press releases

Feb 20, 2025
FERREXPO plc Holding Statement

LONDON, Feb. 20, 2025 /PRNewswire/ -- Ferrexpo plc (LSE: FXPO) notes a media announcement today in Ukraine by the State Bureau of Investigation regarding a potential claim to the High Anti-Corruption Court of Ukraine. The Company has not received any formal notification of such a claim and is working with its legal advisors to understand the situation.

For further information, please contact:

Ferrexpo:





Nick Bias

n.bias@ferrexpo.ch

+44 (0)7733 177

Tavistock:





Jos Simson

Gareth Tredway

ferrexpo@tavistock.co.uk

+44 (0)207 920 3150

+44 (0)7785 974 264

Notes to Editors:

About Ferrexpo: Ferrexpo is a Swiss headquartered iron ore company with assets in Ukraine and a listing in the equity shares commercial companies category on the London Stock Exchange (ticker FXPO) and a constituent of the FTSE 250 index. The Group produces high grade iron ore pellets, which are a premium product for the global steel industry and enable reduced carbon emissions and increased productivity for steelmakers when converted into steel, compared to more commonly traded forms of iron ore. Ferrexpo's operations have been supplying the global steel industry for over 50 years. Before Russia's full-scale invasion of Ukraine in February 2022, the Group was the world's third largest exporter of pellets. The Group has a global customer base comprising of premium steel mills around the world. For further information visit www.ferrexpo.com.

Cision View original content:https://www.prnewswire.co.uk/news-releases/ferrexpo-plc-holding-statement-302381682.html

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