FXPO Ferrexpo Plc

TIDMFXPO

RNS Number : 1564B

Ferrexpo PLC

05 October 2015

Ferrexpo plc

("Ferrexpo", the "Group" or the "Company")

Production for 3Q 2015

Summary:

   --   YTD total pellet production up 5.1% to 8.7MT (9M 2014: 8.3MT) 

-- Premium 65% Fe pellets 87% of total production (9M 2014: 49% of total production 65% Fe pellets)

   --   Record monthly production of pellets from own ore in September 2015 at 992 thousand tonnes 
 
 Production in                        3Q         2Q                              9M 
  tonnes '000                        2015       2015     Change    9M 2015      2014     Change 
                                                            %                               % 
 Pellet production 
  from own ore                     2,800.39   2,780.15      0.7%   8,304.33   8,052.75      3.1% 
               62% 
                Fe                   381.40     317.04     20.3%   1,131.84   4,125.98   (72.6)% 
               65% 
                Fe                 2,418.99   2,463.67    (1.8)%   7,172.49   3,926.78     82.7% 
 -------------------------------  ---------  ---------  --------  ---------  ---------  -------- 
 
 Pellet production 
  from third party materials          60.51     150.70   (59.8)%     373.28     205.65     81.5% 
               62% 
                Fe                        -       5.96         -       5.96      49.92   (88.1)% 
               65% 
                Fe                    60.51     144.73   (58.2)%     367.31     155.72    135.9% 
 -------------------------------  ---------  ---------  --------  ---------  ---------  -------- 
 
 Total pellet 
  production                        2,860.9   2,931.40    (2.4)%   8,677.60   8,258.40      5.1% 
               62% 
                Fe                   381.40     323.00     18.1%   1,137.80   4,175.90   (72.8)% 
               65% 
                Fe                 2,479.50   2,608.40    (4.9)%   7,539.80   4,082.50     84.7% 
 -------------------------------  ---------  ---------  --------  ---------  ---------  -------- 
 

For further information contact:

 
 Ferrexpo: 
 Ingrid McMahon    +44 207 389 8304 
 Maitland: 
 James Isola       +44 207 379 5151 
 
 

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. The Group is the 5th largest supplier of pellets to the global steel industry and the largest exporter of pellets from the CIS. In 2014, it produced a record 11 million tonnes of pellets, a 2% increase compared to 2013. Ferrexpo has a diversified customer base supplying steel mills in Austria, Slovakia, the 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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October 05, 2015 02:00 ET (06:00 GMT)

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