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Ferrexpo Pellet Production Hits Record After Strong Fourth Quarter

7th Jan 2016 07:51

LONDON (Alliance News) - Iron-ore pellets producer Ferrexpo PLC on Thursday said its pellet production hit a record level in 2015, boosted by a strong fourth quarter.

The company said its total pellet production for the year to the end of December hit 11.7 million tonnes, up from 11.0 million tonnes a year earlier.

This was boosted by the group producing 2.9 million tonnes in the fourth quarter, up 4.3% on its production volumes in the third quarter and a 5.5% rise year-on-year.

By Sam Unsted; [email protected]; @SamUAtAlliance

Copyright 2016 Alliance News Limited. All Rights Reserved.


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