4 March 2014
Ferrexpo plc
New Directorship
In accordance with LR 9.6.11(2), Ferrexpo Plc ('Ferrexpo') announces that Lucio Genovese, non-executive board member of Ferrexpo, has been appointed as a non-executive board member of Ferrous Resources ('Ferrous') with immediate effect.
In September 2013, Ferrexpo announced it had acquired a 14.4% stake in Ferrous, a producing iron ore company operating in the iron ore quadrangle of the Minas Gerais region of Brazil.
For further information, please contact:
Ferrexpo: |
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Ingrid McMahon Maitland: Peter Ogden Liz Morley |
+44 207 389 8304 +44 207 379 5151 +44 207 379 5151 |
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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 5th 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
