Production Report for Q3 2018

RNS Number : 3324D

Ferrexpo PLC

09 October 2018

 

9 October 2018

Ferrexpo plc

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

Production for 3Q 2018

Summary:

·   3Q 2018 total pellet production up 6% compared to 2Q 2018

·   Higher production reflects successful completion of pellet line refurbishment in 2Q 2018

·   9M 2018 total pellet production up 1.3% compared to 9M 2017

000' tonnes	3Q 2018	2Q  2018	Change		YTD 2018	YTD 2017	Change
			%				%
Pellet production from own ore	2,659.85	2,511.01	5.9		7,741.57	7,631.26	1.4
- 62% Fe pellets	167.44	167.23	0.1		484.57	414.50	16.9
- 65% Fe pellets	2,492.41	2,343.78	6.3		7,257.00	7,216.76	0.6
Production from third party materials	0.00	0.00			14.50	21.55	-32.7
- 62% Fe pellets	0.00	0.00			0.00	0.00
- 65% Fe pellets	0.00	0.00			14.50	21.55	-32.7
Total Pellets Produced	2,659.85	2,511.01	5.9		7,756.06	7,652.80	1.3
- 62% Fe pellets	167.44	167.23	0.1		484.57	414.50	16.9
- 65% Fe pellets	2,492.41	2,343.78	6.3		7,271.49	7,238.30	0.5

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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