Ferrexpo PLC Production for 2Q 2012 (2304H)
10 7월 2012 - 3:00PM
UK Regulatory
TIDMFXPO
RNS Number : 2304H
Ferrexpo PLC
10 July 2012
10 July 2012
Ferrexpo plc
Production for 2Q 2012
Summary
-- H1 2012 pellet production from own ore 3.8% higher compared to 1H 2011.
-- Q2 2012 pellet production from own ore 2.1% higher compared to 1Q 2012.
-- H1 2012 total pellet production 4,724.9 thousand tonnes (H1
2011 4,784.9 tt). Reduction due to lower availability of third
party concentrate.
-- Q2 2012 total pellet production increased by 4.1% compared to Q1 2012.
Q2 Q1 Change YTD YTD Change
Production in tonnes '000 2012 2012 % 2012 2011 %
-------------------------------- --------- -------- -------- --------- --------- -------
Production from own raw
materials
Iron Ore 7,431.2 7,545.6 (1.5) 14,976.8 14,198.2 5.5
Concentrate 2,896.5 2,843.4 1.9 5,739.9 5,574.7 3.0
Pellets
62% Fe 1,230.8 1,198.4 2.7 2,429.3 2,254.8 7.7
65% Fe 1,074.6 1,059.1 1.5 2,133.6 2,139.4 (0.3)
-------------------------------- --------- -------- -------- --------- --------- -------
Total Pellets 2,305.4 2,257.5 2.1 4,562.9 4,394.1 3.8
-------------------------------- --------- -------- -------- --------- --------- -------
Production/reprocessing from purchased
raw materials
Pellets
62% Fe 53.0 53.3 (0.5) 106.2 89.7 18.5
65% Fe 51.9 3.8 1,250.8 55.8 301.1 (81.5)
-------------------------------- --------- -------- -------- --------- --------- -------
Total Pellets 104.9 57.1 83.7 162.0 390.8 (58.5)
-------------------------------- --------- -------- -------- --------- --------- -------
Total Pellets Produced 2,410.3 2,314.6 4.1 4,724.9 4,784.9 (1.3)
-------------------------------- --------- -------- -------- --------- --------- -------
62% Fe 1,283.8 1,251.7 2.6 2,535.5 2,344.4 8.2
65% Fe 1,126.5 1,062.9 6.0 2,189.4 2,440.5 (10.3)
For further information, please contact:
Ferrexpo:
Emma Villiers +44 207 389 8306
Pelham Bell Pottinger:
Charles Vivian
Lorna Spears +44 207 861 3232
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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