9 April 2013
Ferrexpo plc
Production for 1Q 2013
Summary
· Pellet production, from own ore, up 10.1% in 1Q13 vs. 1Q12
· Ramp up of production from FYM ore, producing 328 kt of pellets
Production in Tonnes '000 |
|
Q1 |
Q4 |
Change |
|
Q1 |
Q1 |
Change |
2013 |
2012 |
% |
2013 |
2012 |
% |
Production from FPM ore |
|
|
|
|
|
|
|
|
Iron Ore |
|
7,142.7 |
7,290.9 |
(2.0) |
|
7142.7 |
7,545.6 |
(5.3) |
Concentrate |
|
2,770.1 |
2,980.2 |
(7.0) |
|
2770.1 |
2,843.4 |
(2.6) |
Pellets |
|
|
|
|
|
|
|
|
62% Fe |
|
1,163.6 |
1,407.9 |
(17.4) |
|
1163.6 |
1,198.4 |
(2.9) |
65% Fe |
|
994.0 |
959.0 |
3.6 |
|
994.0 |
1,059.1 |
(6.1) |
Total Pellets |
|
2,157.6 |
2,366.9 |
(8.8) |
|
2157.6 |
2,257.5 |
(4.4) |
|
|
|
|
|
|
|
|
|
Production from FYM ore |
|
|
|
|
|
|
|
|
Iron Ore |
|
1,224.0 |
380.4 |
221.8 |
|
1,224.0 |
0.0 |
n/a |
Concentrate |
|
373.0 |
129.7 |
187.7 |
|
373.0 |
0.0 |
n/a |
Pellets from FYM |
|
|
|
|
|
|
|
|
62% Fe |
|
288.5 |
107.8 |
167.6 |
|
288.5 |
0.0 |
n/a |
65% Fe |
|
39.7 |
0.0 |
n/a |
|
39.7 |
0.0 |
n/a |
Total pellets from FYM ore |
|
328.1 |
107.8 |
204.3 |
|
328.1 |
0.0 |
n/a |
|
|
|
|
|
|
|
|
|
Total Group production |
|
|
|
|
|
|
|
|
62% Fe |
|
1,452.1 |
1,515.7 |
(4.2) |
|
1,452.1 |
1,198.4 |
21.2 |
65% Fe |
|
1,033.6 |
959.0 |
7.8 |
|
1,033.6 |
1,059.1 |
(2.4) |
Total Group production |
|
2,485.7 |
2,474.7 |
0.4 |
|
2,485.7 |
2,257.5 |
10.1 |
|
|
|
|
|
|
|
|
|
Production from third party materials |
|
|
|
|
|
|
|
|
Pellets |
|
|
|
|
|
|
|
|
62% Fe |
|
65.7 |
59.4 |
10.7 |
|
65.7 |
53.3 |
23.4 |
65% Fe |
|
0.0 |
0.0 |
n/a |
|
0.0 |
3.8 |
(100.0) |
Total Pellets |
|
65.7 |
59.4 |
10.7 |
|
65.7 |
57.1 |
15.1 |
|
|
|
|
|
|
|
|
|
Total Pellets Produced |
|
2,551.4 |
2,534.1 |
0.7 |
|
2,551.4 |
2,314.6 |
10.2 |
62% Fe |
|
1,517.8 |
1,575.1 |
(3.6) |
|
1,517.8 |
1,251.7 |
21.3 |
65% Fe |
|
1,033.6 |
959.0 |
7.8 |
|
1,033.6 |
1,062.9 |
(2.8) |
Ferrexpo will announce audited 1Q 2013 financial results on 10 May 2013.
For further information, please contact:
Ferrexpo: Ingrid McMahon |
+44 207 389 8304 |
Pelham Bell Pottinger: Charles Vivian Lorna Spears |
+44 207 861 3126 |
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. In 2012, the subsidiary, Ferrexpo Poltava Mining (FPM), produced 9.3 million tonnes of iron ore pellets, while first ore was reached at the new Ferrexpo Yeristovo Mining (FYM) open pit. Ferrexpo was the largest exporter of pellets in the CIS in 2012. The Group has a diversified customer base supplying steel mills in Austria, Slovakia, 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
