5 April 2019
Ferrexpo plc
("Ferrexpo", the "Group" or the "Company")
Production for 1Q 2019
Summary:
· Total 1Q 2019 pellet production of 2,539 thousand tonnes (1Q 2018: 2,585 thousand tonnes)
· Production of 65% Fe pellets from own ore 2,431 thousand tonnes in line with 1Q 2018 of 2,421 thousand tonnes
000' tonnes |
Q1 2019 |
Q4 2018 |
Change |
|
YTD 2019 |
YTD 2018 |
Change |
% |
% |
Pellet Production from Own Ore |
2,538.70 |
2,764.60 |
(8.2) |
|
2,538.70 |
2,570.70 |
(1.2) |
- 62% Fe pellets |
107.50 |
197.92 |
(45.7) |
|
107.50 |
149.90 |
(28.3) |
- 65% Fe pellets |
2,431.20 |
2,566.68 |
(5.3) |
|
2,431.20 |
2,420.80 |
0.4 |
|
|
|
|
|
|
|
|
Production from Third Party Materials |
0.00 |
86.50 |
|
|
0.00 |
14.50 |
|
- 62% Fe pellets |
0.00 |
0.00 |
|
|
0.00 |
0.00 |
|
- 65% Fe pellets |
0.00 |
86.50 |
|
|
0.00 |
14.50 |
|
|
|
|
|
|
|
|
|
Total Pellets Produced |
2,538.70 |
2,851.10 |
(11.0) |
|
2,538.70 |
2,585.20 |
(1.8) |
- 62% Fe pellets |
107.50 |
197.92 |
(45.7) |
|
107.50 |
149.90 |
(28.3) |
- 65% Fe pellets |
2,431.20 |
2,653.18 |
(8.4) |
|
2,431.20 |
2,435.30 |
(0.2) |
For further information contact:
Ferrexpo: |
|
Ingrid McMahon |
+44 207 389 8304 |
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 40 years. Ferrexpo's resource base is one of the largest iron ore deposits in the world. In 2018, the Group produced 10.6 million tonnes of pellets, a 2% increase compared to 2017, ranking it as the 3rd 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
