Ferrexpo plc
("Ferrexpo", the "Group" or the "Company")
Production for 1Q 2016
Summary:
· 1Q pellet production from own ore of 2.9 million tonnes, up 5.6% YOY (1Q 2015: 2.7 million tonnes)
· 1Q production of 65% Fe pellets from own ore of 2.8 million tonnes, up 20.2% YOY (1Q 2015:2.3 million tonnes)
· Total 1Q 2016 pellet production of 2.9 million tonnes (total 1Q 2015: 2.9 million tonnes)
000' tonnes |
1Q 2016 |
4Q 2015 |
Change |
|
1Q 2016 |
1Q 2015 |
Change |
Pellet production from own ore |
2,875.17 |
2,954.12 |
-2.7% |
|
2,875.17 |
2,723.23 |
5.6% |
- 62% Fe pellets |
123.80 |
157.50 |
-21.4% |
|
123.80 |
433.40 |
-71.4% |
- 65% Fe pellets |
2,751.37 |
2,796.62 |
-1.6% |
|
2,751.37 |
2,289.83 |
20.2% |
|
|
|
|
|
|
|
|
Production from third party materials |
11.53 |
29.88 |
-61.4% |
|
11.53 |
162.07 |
-92.9% |
- 62% Fe pellets |
0.00 |
0.00 |
|
|
0.00 |
0.00 |
|
- 65% Fe pellets |
11.53 |
29.88 |
-61.4% |
|
11.53 |
162.07 |
-92.9% |
|
|
|
|
|
|
|
|
Total Pellets Produced |
2886.70 |
2984.00 |
-3.3% |
|
2886.70 |
2885.30 |
0.0% |
- 62% Fe pellets |
123.80 |
157.50 |
-21.4% |
|
123.80 |
433.40 |
-71.4% |
- 65% Fe pellets |
2,762.90 |
2,826.50 |
-2.3% |
|
2,762.90 |
2,451.90 |
12.7% |
For further information contact:
Ferrexpo: |
|
Ingrid McMahon |
+44 203 705 5458 |
Maitland: |
|
James Isola |
+44 207 379 5151 |
|
|
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 currently the 3rd largest exporter of pellets to the global steel industry and the largest exporter of pellets from the CIS. In 2015, it produced a record 11.7 million tonnes of pellets, a 6% increase compared to 2014. 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
