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Ferrexpo - Latest news GMK Center

Photo – Ferrexpo plans to electrify mining transport
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

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

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

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

Photo – Why is it important for Ferrexpo to invest in product quality?
Why is it important for Ferrexpo to invest in product quality?

Ferrexpo continues to enhance Ukraine's image in the markets of Europe, Asia and the Middle East

Photo – Ferrexpo produced 3.84 million tons of pellets in 2023
Ferrexpo produced 3.84 million tons of pellets in 2023

Total iron ore production amounted to 4.15 million tons

Photo – Ferrexpo plans to pay an annual bonus to workers of Ukrainian assets
Ferrexpo plans to pay an annual bonus to workers of Ukrainian assets

This payment will be made in the first quarter of 2024

Photo – 60% of Ferrexpo’s electricity comes from low-carbon sources
60% of Ferrexpo’s electricity comes from low-carbon sources

Iron ore processing is the main electricity consumption process in Ferrexpo`s operations

Photo – In 2022 Ferrexpo procured $182 million from local and regional suppliers
In 2022 Ferrexpo procured $182 million from local and regional suppliers

Share of local and regional procurements amounted to 20%

Photo – Ferrexpo paid over UAH 1.45 billion in taxes and fees in 9M2023
Ferrexpo paid over UAH 1.45 billion in taxes and fees in 9M2023

Poltava Mining remitted more than UAH 845 million in taxes, Yeristovo Mining – 570 million UAH, Bilanovo Mining – 48 million UAH

Photo – Priority on energy saving: how Ferrexpo implements its own energy efficiency program
Priority on energy saving: how Ferrexpo implements its own energy efficiency program

Even during the war, Ferrexpo continues to implement comprehensive energy saving programs

Photo – Ferrexpo once again confirmed the title of climate leader — Financial Times
Ferrexpo once again confirmed the title of climate leader — Financial Times

Ferrexpo systematically implements projects leading to increased energy efficiency

Photo – Law enforcement agencies are destroying the investment climate in the mining industry
Law enforcement agencies are destroying the investment climate in the mining industry

Prosecutor's Office is claiming $4,31 billion in «damages» from alleged illegal mining at Ferrexpo

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