Production for 2Q 2018

RNS Number : 2918T

Ferrexpo PLC

03 July 2018

 

3 July 2018

Ferrexpo plc

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

Production for 2Q 2018

Summary:

·   1H 2018 pellet production of 5,096 thousand tonnes (1H 2017: 5,160 thousand tonnes)

·   Lower pellet production in 1H 2018 vs. 1H 2017 reflected a planned 65 day pellet line refurbishment

000' tonnes	Q2 2018	Q1 2018	Change		1H 2018	1H 2017	Change
			%				%
Pellet production from own ore	2,511.01	2,570.70	-2.3		5,081.72	5,138.56	-1.1
- 62% Fe pellets	167.23	149.90	11.6		317.13	257.90	23.0
- 65% Fe pellets	2,343.78	2,420.80	-3.2		4,764.59	4,880.66	-2.4
Production from third party materials	0.00	14.50	-		14.50	21.55	-32.7
- 62% Fe pellets	0.00	0.00	-		0.00	0.00	-
- 65% Fe pellets	0.00	14.50	-		14.50	21.55	-32.7
Total Pellets Produced	2,511.01	2,585.20	-2.9		5,096.21	5,160.10	-1.2
- 62% Fe pellets	167.23	149.90	11.6		317.13	257.90	23.0
- 65% Fe pellets	2,343.78	2,435.30	-3.8		4,779.08	4,902.20	-2.5

For further information contact:

Ferrexpo:
Ingrid McMahon	[phone]
Maitland:
James Isola	[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 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

 

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