Ferrexpo

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Ferrexpo doubled pellet production in Q1

By resuming exports by sea, the company managed to increase exports and expand their geography

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Ferrexpo invested $101 million in 2023

Company’s capital expenditures reached 77% of the EBITDA

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Ferrexpo plans to build a new solar power plant for its Minings

Currently, the enterprise already operates a 5 MW SPP

Problems with energy supplies did not lead to lower production in steel industry

Due to the risks of new strikes on the energy infrastructure, no one can guarantee the stability of power supply

Ferrexpo plans to restore pre-war export volumes to Japan within 3 years — Japanese Nikkei

Before the full-scale invasion, Ferrexpo accounted for 10% of Japanese demand

Challenges for Ukrainian iron and steel industry in 2024

Supporting export potential, staffing and ramping up production remain the main issues for Ukrainian steel sector

Ferrexpo has allocated UAH 946.5 million for humanitarian support to Ukraine since the beginning of the war

The company delivered hundreds of tons of products to Kharkiv and helped Kherson region after the Kakhovka HPP dam was blown up

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Ferrexpo contributed 0.7% to the economy of Ukraine in 2022

The Group provided fifth of the economy of Poltava region

Ferrexpo has created a voluntary fire brigade at Belanovo Mining

The team, which includes 12 people, undergoes regular training

Ferrexpo plans to electrify mining transport

The first stage of the project has already been completed and the results of the research of the Australian consulting company have been received

Ferrexpo has demonstrated real resilience in the face of war — Yurii Khymych

In 2024, the company is going to actively implement support programs at social infrastructure facilities and in the fields of medicine, education, and sports

Ferrexpo launched Concentrate Stockyard into operation at Poltava Mining for $40 million

During the war, the company implemented another large-scale investment project

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