Source - RNS
RNS Number : 6852L
Ferrexpo PLC
05 October 2016
 

Ferrexpo plc

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

 

Pellet production 3Q 2016

Summary:

·   9M 2016 production of 65% Fe pellets up 3.7% to 7.8 million tonnes (9M 2015: 7.5 million tonnes)

·   65% Fe premium pellets 94% of total production volumes (9M 2015: 87% of total production volume)

·   9M 2016 pellet production 8.3 million tonnes (9M 2015: 8.7 million tonnes)

 

000' tonnes

Q3 2016

Q2  2016

%

 

9М 2016

9М 2015

%

Change

Change

Pellet production from own ore

2,604.21

2,824.93

-7.8

 

8,304.30

8,304.32

0.0

  - 62% Fe pellets

148.20

240.10

-38.3

 

512.10

1,131.84

-54.8

  - 65% Fe pellets

2,456.01

2,584.83

-5.0

 

7,792.20

7,172.48

8.6

 

 

 

 

 

 

 

 

Production from third party materials

0.00

11.67

-

 

23.20

373.28

-93.8

  - 62% Fe pellets

0.00

0.00

-

 

0.00

5.96

-

  - 65% Fe pellets

0.00

11.67

-

 

23.20

367.32

-93.7

 

 

 

 

 

 

 

 

Total Pellets Produced

2,604.21

2,836.60

-8.2

 

8,327.50

8,677.60

-4.0

  - 62% Fe pellets

148.20

240.10

-38.3

 

512.10

1,137.80

-55.0

  - 65% Fe pellets

2,456.01

2,596.50

-5.4

 

7,815.40

7,539.80

3.7

 

For further information contact:

Ferrexpo:

Investor Relations and Corporate Communications

Ingrid McMahon

+44 207 389 8304

 

Maitland PR:

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

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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