5 Jul 2016 07:00
Pellet production 2Q 2016
Summary:
· 1H 2016 pellet production from own ore up 3.6% to 5.7 million tonnes (1H 2015: 5.5 million tonnes)
· 1H 2016 production of 65% Fe pellets from own ore, up 12.3% to 5.3 million tonnes (1H 2015:4.8 million tonnes)
· 65% Fe premium pellets 94% of total production volume in 1H 2016 (1H 2015: 87% of total production volume)
· Total 1H 2016 pellet production 5.7 million tonnes (total 1H 2015: 5.8 million tonnes)
000' tonnes | 2Q 2016 | 1Q 2016 | % change | 1H 2016 | 1H 2015 | % change |
Pellet production from own ore | 2,824.93 | 2,875.17 | -1.7 | 5,700.10 | 5,503.93 | 3.6 |
- 62% Fe pellets | 240.10 | 123.80 | 93.9 | 363.90 | 750.44 | -51.5 |
- 65% Fe pellets | 2,584.83 | 2,751.37 | -6.1 | 5,336.20 | 4,753.49 | 12.3 |
Production from third party materials | 11.67 | 11.53 | 1.3 | 23.20 | 312.77 | -92.6 |
- 62% Fe pellets | 0.00 | 0.00 | 0.00 | 5.96 | -100.0 | |
- 65% Fe pellets | 11.67 | 11.53 | 1.3 | 23.20 | 306.81 | -92.4 |
Total Pellets Produced | 2,836.60 | 2,886.70 | -1.7 | 5,723.30 | 5,816.70 | -1.6 |
- 62% Fe pellets | 240.10 | 123.80 | 93.9 | 363.90 | 756.40 | -51.9 |
- 65% Fe pellets | 2,596.50 | 2,762.90 | -6.0 | 5,359.40 | 5,060.30 | 5.9 |
For further information contact:
Ferrexpo:
Investor Relations and Corporate Communications
Ingrid McMahon | +44 203 846 1464 |
Maitland PR:
James Isola | +44 207 379 5151 |
Notes to Editors:
Ferrexpo is a Swiss headquartered iron ore company with assets in Ukraine. It has been mining, processing and selling high quality iron ore pellets to the global steel industry for over 35 years. Ferrexpo's resource base is one of the largest iron ore deposits in the world. The Group is currently the 3rd largest exporter of pellets to the global steel industry and the largest exporter of pellets from the CIS. In 2015, it produced a record 11.7 million tonnes of pellets, a 6% increase compared to 2014. Ferrexpo has a diversified customer base supplying steel mills in Austria, Slovakia, the Czech Republic, Germany and other European states, as well as in China, India, Japan, Taiwan and South Korea. Ferrexpo is listed on the main market of the London Stock Exchange under the ticker FXPO. For further information, please visit www.ferrexpo.com
Ferrexpo (FXPO)