FXPO Ferrexpo Plc

TIDMFXPO

RNS Number : 8571J

Ferrexpo PLC

05 April 2018

Ferrexpo plc

Production for 1Q 2018

5 April 2018

Ferrexpo plc

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

Production for 1Q 2018

Summary:

   --   Total 1Q 2018 pellet production of 2,585 thousand tonnes (1Q 2017: 2,624 thousand tonnes) 
   --   In 2Q 2018 pellet line number 1 will be refurbished over approximately 65 days 
 
 000' tonnes                  Q1         Q4      Change     YTD        YTD      Change 
                             2018       2017                2018       2017 
                          =========  =========           =========  ========= 
                                                   %                              % 
                          =========  =========  =======  =========  =========  ======= 
 Pellet production 
  from own ore             2,570.70   2,763.18     -7.0   2,570.70   2,612.41     -1.6 
  - 62% Fe FBP               149.90     144.20      4.0     149.90     151.60     -1.1 
  - 65% Fe FPP (incl. 
   FPP+)                   2,420.80   2,618.98     -7.6   2,420.80   2,460.81     -1.6 
 
 Production from third 
  party materials             14.50      28.02    -48.3      14.50      11.59     25.1 
  - 62% Fe FBP                 0.00       0.00        -       0.00       0.00 
  - 65% Fe FPP (incl. 
   FPP+)                      14.50      28.02    -48.3      14.50      11.59     25.1 
 
 Total Pellets Produced    2,585.20   2,791.20     -7.4   2,585.20   2,624.00     -1.5 
------------------------  ---------  ---------  -------  ---------  ---------  ------- 
  - 62% Fe FBP               149.90     144.20      4.0     149.90     151.60     -1.1 
  - 65% Fe FPP (incl. 
   FPP+)                   2,435.30   2,647.00     -8.0   2,435.30   2,472.40     -1.5 
------------------------  ---------  ---------  -------  ---------  ---------  ------- 
 

Note: Ferrexpo Basic Pellets (FBP), Ferrexpo Premium Pellets (FPP) and Ferrexpo Premium Pellets plus (FPP+).

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 40 years. Ferrexpo's resource base is one of the largest iron ore deposits in the world. In 2017, the Group produced 10.4 million tonnes of pellets ranking it as the 3(rd) largest exporter of pellets to the global steel industry with a market share of approximately 8.5%. Ferrexpo has a diversified customer base supplying steel mills in Austria, Germany, Japan, South Korea, Taiwan, China, Slovakia, the Czech Republic, Turkey and Vietnam. Ferrexpo has a premium listing 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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April 05, 2018 02:00 ET (06:00 GMT)

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