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pellets - Latest news GMK Center

Photo – Turkish Erdemir to build a plant for the production of pellets for $550 million
Turkish Erdemir to build a plant for the production of pellets for $550 million

The plant's planned capacity will be about 3 million tons of pellets per year

Photo – In January-June, Ferrexpo reduced production to 4.8 million tons
In January-June, Ferrexpo reduced production to 4.8 million tons

During the same period, the company's sales fell by 21% due to difficult logistics

Photo – Ferrexpo reduced pellet production by 8% in January-May
Ferrexpo reduced pellet production by 8% in January-May

In five months, the company produced 4.4 million tons of products

Photo – Central Mining set up pellets production remote control in a bomb shelter
Central Mining set up pellets production remote control in a bomb shelter

It will help not to stop production during air raids

Photo – Ferrexpo ramped up production of DR iron ore pellets by 28% in H1
Ferrexpo ramped up production of DR iron ore pellets by 28% in H1

The Group produced 5.6 million tons of iron ore pellets in H1

Photo – Ferrexpo to invest $2 billion by 2030 to increase pellet production
Ferrexpo to invest $2 billion by 2030 to increase pellet production

The Company expects to double its production

Photo – Ferrexpo reduced production of iron ore pellets by 0.8% in 2019
Ferrexpo reduced production of iron ore pellets by 0.8% in 2019

The Company produced 10.5 million tons of pellets per annum

Photo – Zhevago temporarily steps aside from his position of CEO at Ferrexpo
Zhevago temporarily steps aside from his position of CEO at Ferrexpo

The Board has appointed Chris Mawe, Chief Financial Officer, to replace Mr Zhevago

Photo – Ukraine ramped up steel production by 4% in 9 months
Ukraine ramped up steel production by 4% in 9 months

However, by the end of September, steel production fell by 10%

Photo – In 2019, Ferrexpo plans capital investment worth $220–300 million
In 2019, Ferrexpo plans capital investment worth $220–300 million

The company expects to increase production capacity by 13% until 2021, up to 12 million tons of iron pellets per annum

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