Ferrexpo PLC Production for 1Q 2019 (2172V)
05 April 2019 - 5:01PM
UK Regulatory
TIDMFXPO
RNS Number : 2172V
Ferrexpo PLC
05 April 2019
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
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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