Ferrexpo PLC Production for 2Q 2013 (8040I)
09 Juli 2013 - 8:00AM
UK Regulatory
TIDMFXPO
RNS Number : 8040I
Ferrexpo PLC
09 July 2013
9 July 2013
Ferrexpo plc
Production for 2Q 2013
Summary
-- Group pellet production, from own ore, up 11.4% in 1H13 vs. 1H12
-- Ramp up of production from FYM ore resulted in 859 thousand tonnes of pellets in 1H13
Production in tonnes
'000 Q2 2013 Q1 2013 Change 1H 1H Change
=========================== ======== ========
% 2013 2012 %
=========================== ======== ======== ======== ========= ========= =======
Production from FPM
ore
Iron ore 8,670.0 7,142.7 21.4 15,812.6 14,976.8 5.6
Concentrate 2,643.1 2,770.1 (4.6) 5,413.2 5,739.9 (5.7)
Pellets
62% Fe 1,056.4 1,163.6 (9.2) 2,220.1 2,429.3 (8.6)
65% Fe 1,012.1 994.0 1.8 2,006.1 2,133.6 (6.0)
-------- -------- -------- --------- --------- -------
Total FPM pellets 2,068.5 2,157.6 (4.1) 4,226.1 4,562.9 (7.4)
Production from FYM
ore
Iron ore 1,742.6 1,224.0 42.4 2,966.6 0.0 n/a
Concentrate 651.5 373.0 74.7 1,024.5 0.0 n/a
Pellets
62% Fe 347.2 288.5 20.4 635.6 0.0 n/a
65% Fe 183.5 39.7 362.8 223.1 0.0 n/a
-------- -------- -------- --------- --------- -------
Total FYM pellets 530.7 328.1 61.7 858.8 0.0 n/a
Total Group
62% Fe 1,403.6 1,452.1 (3.3) 2,855.7 2,429.3 17.6
65% Fe 1,195.6 1,033.6 15.7 2,229.2 2,133.6 4.5
-------- -------- -------- --------- --------- -------
Total Group pellets 2,599.2 2,485.7 4.6 5,084.9 4,562.9 11.4
Production from third
party materials
62% Fe 0.0 65.7 (100.0) 65.7 106.2 (38.2)
65% Fe 95.2 0.0 n/a 95.2 55.8 70.8
-------- -------- -------- --------- --------- -------
Total third party pellets 95.2 65.7 44.9 160.9 162.0 (0.7)
Total pellets produced 2,694.4 2,551.4 5.6 5,245.8 4,724.9 11.0
--------------------------- -------- -------- -------- --------- --------- -------
62% Fe 1,403.6 1,517.8 (7.5) 2,921.4 2,535.5 15.2
65% Fe 1,290.8 1,033.6 24.9 2,324.4 2,189.4 6.2
Ferrexpo will announce its results for the six months to 30 June
2013 on 7 August 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
This information is provided by RNS
The company news service from the London Stock Exchange
END
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