The business was founded by the Soviet government in 1960 as the "Poltava Mining and Extraction Combinat" to exploit iron ore reserves in Komsomolsk, Ukraine. The business was privatised in 2001 by the Ukrainian Government. In 1977 it started selling its product in the form of pellets. It was first listed on the London Stock Exchange in 2007. In 2011 the company announced that it was considering expansion in countries outside Ukraine.
Ferrexpo acquired an $80 million stake (14.4%) in a Brazilian mining company Ferrous Resources in September 2013 as part of its push to expand beyond Eastern Europe.
Operations
The Company sells most of its product to the steel mills of Eastern Europe. It is organised into the following units:
Ukrmetprom, an association of mining and metals companies, has expressed deep concern over the delay in the refund of export VAT to Ferrexpo ... Ferrexpo owns Poltava, Yeristovo and Bilanovo GOKs and is a key player in the Ukrainian steel industry.
In 2023, Ferrexpo reduced the carbon intensity of pellet production (Scope1 + 2) by 32% compared to the 2019 baseline ... Ferrexpo has already identified key projects that will drive the majority of its carbon emissions reductions, including.
Ferrexpo, an iron ore company with assets in Ukraine, that is listed on the London Stock Exchange, produced 489.72 thousand tonnes of DR-pellets in 2024, while no such products were produced in 2023.
Ferrexpo, a FTSE 250 firm, owns the Poltava mine and processing plant 200 miles south-west of Kyiv. It is the firm's major asset, making Ferrexpo the world's third largest exporter of iron pellets ... Ferrexpo was founded by the Soviet Union in 1960.
Ferrexpo, a FTSE 250 firm, owns the Poltava mine and processing plant 200 miles south-west of Kyiv. It is the firm's major asset, making Ferrexpo the world's third largest exporter of iron pellets ... Ferrexpo was founded by the Soviet Union in 1960.
Ferrexpo, a FTSE 250 firm, owns the Poltava mine and processing plant 200 miles south-west of Kyiv. It is the firm's major asset, making Ferrexpo the world's third largest exporter of iron pellets ... Ferrexpo was founded by the Soviet Union in 1960.
\u201CInstead of forcing Ferrexpo to reduce its business, the authorities should promote its growth so that the company can further support the Ukrainian economy,\u201D the statement said.
Swiss-headquartered iron ore miner Ferrexpo, whose main interests are in Ukrainian iron ore assets, has announced its financial results for 2024. In the given period, Ferrexpo recorded a net loss of ...
Ferrexpo plc. ("Ferrexpo" or the "Company" or the "Group") ... Ferrexpo plc (LSE ... Lucio Genovese, ExecutiveChair of Ferrexpo, commented. ... For those interested in attending, please contact [email protected] ... Ferrexpo..