Ferrexpo 4Q 2013 Production Report

RNS Number : 1254X

Ferrexpo PLC

08 January 2014

 

8 January 2014

Ferrexpo plc.

Production for 4Q 2013

Summary

·   Ferrexpo reports record production volumes in 2013

·   Total pellet production up 11.6% to 10.8 million tonnes (2012: 9.7 million tonnes)

·   Pellet production from own ore up 11.2% to 10.5 million tonnes (2012: 9.4 million tonnes)

·   Highest level of 65% Fe pellets produced in Company history

Production in tonnes '000		Q4 2013	Q3  2013	Change				Change
				%		FY 2013	FY 2012	%
Pellets from FPM ore		2,036.3	2,135.9	(4.7)		8,398.4	9,300.9	(9.7)
	62% Fe	1,109.5	1,089.0	1.9		4,418.6	5,183.3	(14.8)
	65% Fe	926.8	1,046.9	(11.5)		3,979.8	4,117.5	(3.3)
Pellets from FYM ore		662.9	545.5	21.5		2,067.2	107.8	1,817.5
	62% Fe	364.6	321.8	13.3		1,322.1	107.8	1,126.3
	65% Fe	298.3	223.7	33.4		745.2	0.0
Pellet production from own ore		2,699.3	2,681.4	0.7		10,465.6	9,408.7	11.2
	62% Fe	1,474.1	1,410.8	4.5		5,740.6	5,291.1	8.5
	65% Fe	1,225.1	1,270.6	(3.6)		4,725.0	4,117.5	14.8
Pellets from third party materials		66.0	120.6	(45.2)		347.5	281.3	23.5
	62% Fe	8.2	10.6	(22.9)		84.5	225.6	(62.6)
	65% Fe	57.9	110.0	(47.4)		263.0	55.8	371.7
Total pellet production		2,765.3	2,802.0	(1.3)		10,813.1	9,690.0	11.6
	62% Fe	1,482.3	1,421.4	4.3		5,825.1	5,516.7	5.6
	65% Fe	1,283.0	1,380.6	(7.1)		4,988.0	4,173.3	19.5

For further information, please contact:

Ferrexpo:
Ingrid McMahon	[phone]
Brunswick Group:
Carole Cable	[phone]
Richard Meredith	[phone]

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 6^th largest supplier of pellets to the global steel industry and the largest exporter of pellets from the CIS. In 2013, it produced 10.8 million tonnes of pellets, a 12% increase compared to 2012. 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

 

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