3rd Jul 2018 08:28
LONDON (Alliance News) - FTSE 250-listed mining company Ferrexpo PLC said on Tuesday it saw lower pellet production in the first half of 2018, reflecting a 65-day pellet line refurbishment.
Total pellet production for the six months to the end of June was 5.1 million tonnes, down 1.2% from 5.2 million tonnes for the same period the year before.
This included a 1.1% drop year-on-year in pellet production from Ferrexpo's own ore, and a 33% fall in production from third-party materials.
Shares in Ferrexpo were down 3.0% at 177.80 pence on Tuesday.
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