Ferrexpo increased pellet production by 7% in 2020

In 2020, the Ferrexpo Group increased iron ore pellets production by 7% to 11.2 million tons compared to 2019, according to the financial results published on the Group’s website.

The share of high grade pellets (65% Fe and above) increases by 3 pp to 99% against 2019.

In 2020, the Company sold 12.1 million tons of iron ore pellets, 17% up from 2019. The Group remains the world’s third largest exporter of iron ore pellets in terms of volumes.

The Ferrexpo Group is the largest producer and exporter of pellets among the former Soviet Union countries. Its production assets include Poltava Mining and Yeristovo Mining.

Ferrexpo plc holds 100% of shares in Ferrexpo AG, which, in its turn, owns 100% of shares in Poltava Mining and 100% of shares in Yeristovo Mining.

Share
Published by
Vadim Kolisnichenko
Tags: Ferrexpo production results iron ore pellets
  • Technologies

BHP opens industry’s first AI hub in Singapore for digital transformation

Global mining company BHP has announced the opening of its first artificial intelligence (AI) center…

Saturday June 7, 2025
  • Industry

The Dutch fleet is replenished with the Den Helder ship made of Metinvest steel

До складу Королівського флоту Нідерландів увійшов новий корабель бойового забезпечення HNLMS Den Helder. Він щойно…

Saturday June 7, 2025
  • Industry

Ukraine reduced rolled steel production by 11.8% y/y in May

In May 2025, Ukrainian steel enterprises reduced production of commercial rolled steel by 4% compared…

Friday June 6, 2025
  • Global Market

World scrap prices continue to stagnate in early June

At the beginning of June 2025, the global scrap market demonstrates overwhelming price stability after…

Friday June 6, 2025
  • Companies

Rio Tinto and Baowu officially open Western Rang mine

The Australian-British mining group Rio Tinto has announced the official opening of its new Western…

Friday June 6, 2025

US CBAM could generate up to $200 billion in revenue within five years – study

The U.S. mechanism for cross-border carbon adjustment could raise up to $200 billion over five…

Friday June 6, 2025