Ferrexpo PLC 3Q 2019 Production Report (0436P)
08 10월 2019 - 3:00PM
UK Regulatory
TIDMFXPO
RNS Number : 0436P
Ferrexpo PLC
08 October 2019
8 October 2019
Ferrexpo plc
("Ferrexpo", the "Group" or the "Company")
3Q 2019 Production Report
Summary:
-- 9M 2019 total pellet production up 1.7% versus 9M 2018 total pellet production
-- 9M 2019 production of high quality 65% Fe pellets up 4.2% compared to 9M 2018
-- Production of high quality 65% Fe pellets comprised 96% of
total production compared to 94% for 9M 2018
-- Refurbishment of the Group's final pellet line to begin on 28
October 2019 for approximately 55 days. This includes an upgrade to
the travelling grate feeding the pellet line which should further
increase the line's productivity
-- Given the current market environment, Ferrexpo's full year
production will likely be in the range of 10.4MT to 10.6MT compared
to previous guidance of 10.6MT
000' tonnes Q3 2019 Q2 2019 Change YTD 2019 YTD 2018 Change
========= ========= ========= =========
% %
========= ========= ======= ========= ========= =======
Pellet production from own
ore 2,538.89 2,813.80 -9.8 7,891.39 7,741.57 1.9
- 62% Fe pellets 95.99 107.50 -10.7 310.99 484.57 -35.8
- 65% Fe pellets 2,442.90 2,706.30 -9.7 7,580.40 7,257.00 4.5
Production from third party
materials 0.00 0.00 - 0.00 14.50 n/a
- 62% Fe pellets 0.00 0.00 - 0.00 0.00 -
- 65% Fe pellets 0.00 0.00 - 0.00 14.50 n/a
Total Pellets Produced 2,538.89 2,813.80 -9.8 7,891.39 7,756.06 1.7
--------- --------- ------- --------- ---------
- 62% Fe pellets 95.99 107.50 -10.7 310.99 484.57 -35.8
- 65% Fe pellets 2,442.90 2,706.30 -9.7 7,580.40 7,271.49 4.2
----------------------------- --------- --------- ------- --------- --------- -------
For further information contact:
Ferrexpo:
Ingrid McMahon +44 207 389 8304
Maitland/AMO:
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 2018, the Group produced 10.6 million tonnes of
pellets, a 2% increase compared to 2017, ranking it as the 3rd
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,
Vietnam and the United States of America. 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
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of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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