Ferrexpo PLC Production for 1Q 2016 (1201U)
05 April 2016 - 8:00AM
UK Regulatory
TIDMFXPO
RNS Number : 1201U
Ferrexpo PLC
05 April 2016
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)
1Q 4Q 1Q 1Q
000' tonnes 2016 2015 Change 2016 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:
+44 203 705
Ingrid McMahon 5458
Maitland:
+44 207 379
James Isola 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 3(rd) 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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