Ferrexpo PLC Production for 3Q 2013 (8830P)

TIDMFXPO

RNS Number : 8830P

Ferrexpo PLC

08 October 2013

8 October 2013

Ferrexpo plc

Production for 3Q 2013

Summary

   --   Pellet production from own ore up 12.0% year to date 
   --   Record amount of 65% Fe pellets produced from own ore year to date 
   --   Total pellet production up 12.5% year to date 
   --   Total pellet production in September 2013 was 970.4kt 
 
 Pellet production (tonnes 
  '000)                       3Q 2013   2Q 2013   Change     9M        9M      Change 
===========================  ========  ======== 
                                                    %       2013      2012       % 
===========================  ========  ========  =======  ========  ========  ======= 
 Pellets from FPM ore         2,135.9   2,068.5    3.3     6,362.0   6,933.9   (8.2) 
           62% Fe             1,089.0   1,056.4    3.1     3,309.0   3,775.4   (12.4) 
           65% Fe             1,046.9   1,012.1    3.4     3,053.0   3,158.5   (3.3) 
                             --------  --------  -------  --------  --------  ------- 
 
 Pellets from FYM ore          545.5     530.7     2.8     1,404.3     0.0      n/a 
           62% Fe              321.8     347.2    (7.3)     957.5      0.0      n/a 
           65% Fe              223.7     183.5     21.9     446.8      0.0      n/a 
---------------------------  --------  --------  -------  --------  --------  ------- 
 
 Pellet production from 
  own ore                     2,681.4   2,599.2    3.2     7,766.3   6,933.9    12.0 
           62% Fe             1,410.8   1,403.6    0.5     4,266.5   3,775.4    13.0 
           65% Fe             1,270.6   1,195.6    6.3     3,499.8   3,158.5    10.8 
---------------------------  --------  --------  -------  --------  --------  ------- 
 
 Pellets from third party 
  materials                    120.6     95.2      26.6     281.5     222.0     26.8 
           62% Fe              10.6       0.0      n/a      76.3      166.2    (54.1) 
           65% Fe              110.0     95.2      15.5     205.2     55.8     268.0 
---------------------------  --------  --------  -------  --------  --------  ------- 
 
 Total pellet production      2,802.0   2,694.4    4.0     8,047.8   7,155.9    12.5 
---------------------------  --------  --------  -------  --------  --------  ------- 
           62% Fe             1,421.4   1,403.6    1.3     4,342.8   3,941.6    10.2 
           65% Fe             1,380.6   1,290.8    7.0     3,705.0   3,214.3    15.3 
---------------------------  --------  --------  -------  --------  --------  -------

For further information, please contact:

 
 Ferrexpo: 
  Ingrid McMahon           +44 207 389 8304 
 Pelham Bell Pottinger: 
  Charles Vivian 
  Lorna Spears             +44 207 861 3126

Notes to Editors:

Ferrexpo is a Swiss headquartered iron ore company with assets in Ukraine. It has been mining, processing and selling high quality iron ore pellets to the global steel industry for over 35 years. Ferrexpo's resource base is one of the largest iron ore deposits in the world. In 2012, the subsidiary, Ferrexpo Poltava Mining (FPM), produced 9.3 million tonnes of iron ore pellets, while first ore was reached at the new Ferrexpo Yeristovo Mining (FYM) open pit. Ferrexpo was the largest exporter of pellets in the CIS in 2012. The Group has a diversified customer base supplying steel mills in Austria, Slovakia, Czech Republic, Germany and other European states, as well as in China, India, Japan, Taiwan and South Korea. 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

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