Production for 3Q 2011 (6388P)
06 10월 2011 - 3:00PM
UK Regulatory
TIDMFXPO
RNS Number : 6388P
Ferrexpo PLC
06 October 2011
6 October 2011
Ferrexpo plc
Production for 3Q 2011
Summary
-- Total pellet production of own ore in 3Q 2011 increased 2.8%
compared to 2Q 2011
-- Production of higher grade 65% Fe pellets increased 12.3%
compared to 3Q 2010 and 6.6% year to date
-- Production of pellets from third party concentrate is
dependent on availability in local markets
-- August recorded second highest pellet production in Company's
history (900 thousand tonnes)
-- Total pellet production in 3Q 2011 was in-line with 2Q 2011
at 2.8 million tonnes
Production
in Tonnes 3Q 2Q 3Q
'000 2011 2011 Change 2010 Change YTD YTD Change
============= ======== ======== ========
% % 2011 2010 %
============= ======== ======== ======= ======== ======= ========= ========= =======
Production
from own raw
materials
Iron Ore 7,497.3 7,182.0 4.4 7,386.4 1.5 21,695.5 21,589.1 0.5
Concentrate 2,949.8 2,865.4 2.9 2,873.3 2.7 8,524.5 8,382.9 1.7
Pellets
62% Fe 1,258.3 1,217.3 3.4 1,342.1 (6.2) 3,513.0 3,726.3 (5.7)
65% Fe 1,075.3 1,053.3 2.1 957.6 12.3 3,214.7 3,014.6 6.6
-------- -------- ------- -------- ------- --------- --------- -------
Total
Pellets 2,333.6 2,270.5 2.8 2,299.7 1.5 6,727.7 6,740.9 (0.2)
Production/reprocessing from
purchased raw materials
Pellets
62% Fe 64.4 56.2 14.6 42.2 52.5 154.0 132.9 15.9
65% Fe 74.0 155.1 (52.3) 217.6 (66.0) 375.1 571.5 (34.4)
-------- -------- ------- -------- ------- --------- --------- -------
Total
Pellets 138.4 211.3 (34.5) 259.8 (46.7) 529.1 704.4 (24.9)
Total
Pellets
Produced 2,471.9 2,481.8 (0.4) 2,559.5 (3.4) 7,256.8 7,445.3 (2.5)
------------- -------- -------- ------- -------- ------- --------- --------- -------
62% Fe 1,322.6 1,273.4 3.9 1,384.3 (4.5) 3,667.0 3,859.2 (5.0)
65% Fe 1,149.3 1,208.4 (4.9) 1,175.2 (2.2) 3,589.8 3,586.1 0.1
For further information, please contact:
Ferrexpo:
Ingrid McMahon +44 207 389 8304
Pelham Bell Pottinger:
Mark Antelme
James MacFarlane +44 207 861 3894
Notes to Editors:
Ferrexpo is a Swiss headquartered iron ore company with assets
in Ukraine. It is principally involved in the production and export
of high quality iron ore pellets, which are used in the manufacture
of steel. Ferrexpo's resource base is one of the largest iron ore
deposits in the world. Its current producing asset, FPM, produced
approximately 10 million tonnes of iron ore pellets in 2010 making
it the largest exporter of pellets in the CIS. The Company has a
diversified customer base supplying steel mills in Austria, Serbia,
Slovakia, Czech Republic, Germany and other European states, as
well as in China, India, Japan, and other Asian countries. Ferrexpo
is listed on the main market of the London Stock Exchange under the
ticker FXPO. For further information, please visit
www.ferrexpo.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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