Ferrexpo

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Ferrexpo improved energy efficiency through installation of new press filtration complex

Gas consumption expected to be 3% lower, as a result of lower natural gas consumption

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Ferrexpo’s DEI strategy: a successful case of the iron ore business

Last year, the company launched an updated Fe_munity program, scaling it nationwide

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Ferrexpo expanded the program to support veteran employees of the company

The program provides for the creation of all conditions for the full reintegration of the demobilized into society and the working environment

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Ferrexpo plans to invest in decarbonization $3.3 bln

Main part of investments will relate to implementation of green hydrogen and solar power technologies

Dmytro Spatar: Ferrexpo was helped by long-term contracts and traditionally diversified logistics

How the company adapted to logistical restrictions in the situation of blocking sea ports

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Ferrexpo set more ambitious decarbonization targets

The company intends to reduce Scope 1 and Scope 2 emissions by 50% till 2030

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Ferrexpo paid employees an additional financial incentive for 2022

During the year, the company implemented a number of measures to maintain a decent level of remuneration for employees

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Ferrexpo average salary in 2022 exceeded industry average by 41%

The average salary of an employee of the company amounted to UAH 21.4 thousand in 2022

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Ferrexpo more than doubled its production volume in the first quarter

Better electricity supply and the launch of the second pelletizer line enabled the output increasing

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Ferrexpo invested $161 mln in 2022

Total Group's CAPEX amounted to $3.3 bln during 2007-2022

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Ferrexpo paid UAH 6.3 billion taxes in 2022

The Group provided 64% tax revenues of the local community

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Ferrexpo increased its share of pellet imports to Europe to 27% in 2022

The company notes an increase in demand for pellets from European steelmakers in the 1Q 2023

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