Ferrexpo
The Company produced 2.7 million tons of pellets in Q1
The Company ramped up sales by 17% over the year
The Company produced 1.86 million tons of pellets in 2M
Modernization of the pelletizer is scheduled for H1, which will increase the annual output of iron ore pellets by 0.5–1 million tons
The Company increased concentrate production by 12.2%
The Company expects to double its production
Iron ore concentrate production in the same period also increased
Conversely, production in Q3 shrank
On the Company’s environmental priorities for the near future
Iron ore concentrate production in the same period also increased
Iron ore concentrate production in the same period also increased
Ferrexpo’s revenue dropped by 1.4%, while net debt fell by 38%