8th Jan 2014 07:00
8 January 2014
Ferrexpo plc.
Production for 4Q 2013
Summary
· Ferrexpo reports record production volumes in 2013
· Total pellet production up 11.6% to 10.8 million tonnes (2012: 9.7 million tonnes)
· Pellet production from own ore up 11.2% to 10.5 million tonnes (2012: 9.4 million tonnes)
· Highest level of 65% Fe pellets produced in Company history
Production in tonnes '000 | Q4 2013 | Q3 2013 | Change | Change | ||||
% | FY 2013 | FY 2012 | % | |||||
Pellets from FPM ore | 2,036.3 | 2,135.9 | (4.7) | 8,398.4 | 9,300.9 | (9.7) | ||
62% Fe | 1,109.5 | 1,089.0 | 1.9 | 4,418.6 | 5,183.3 | (14.8) | ||
65% Fe | 926.8 | 1,046.9 | (11.5) | 3,979.8 | 4,117.5 | (3.3) | ||
Pellets from FYM ore | 662.9 | 545.5 | 21.5 | 2,067.2 | 107.8 | 1,817.5 | ||
62% Fe | 364.6 | 321.8 | 13.3 | 1,322.1 | 107.8 | 1,126.3 | ||
65% Fe | 298.3 | 223.7 | 33.4 | 745.2 | 0.0 | |||
Pellet production from own ore | 2,699.3 | 2,681.4 | 0.7 | 10,465.6 | 9,408.7 | 11.2 | ||
62% Fe | 1,474.1 | 1,410.8 | 4.5 | 5,740.6 | 5,291.1 | 8.5 | ||
65% Fe | 1,225.1 | 1,270.6 | (3.6) | 4,725.0 | 4,117.5 | 14.8 | ||
Pellets from third party materials | 66.0 | 120.6 | (45.2) | 347.5 | 281.3 | 23.5 | ||
62% Fe | 8.2 | 10.6 | (22.9) | 84.5 | 225.6 | (62.6) | ||
65% Fe | 57.9 | 110.0 | (47.4) | 263.0 | 55.8 | 371.7 | ||
Total pellet production | 2,765.3 | 2,802.0 | (1.3) | 10,813.1 | 9,690.0 | 11.6 | ||
62% Fe | 1,482.3 | 1,421.4 | 4.3 | 5,825.1 | 5,516.7 | 5.6 | ||
65% Fe | 1,283.0 | 1,380.6 | (7.1) | 4,988.0 | 4,173.3 | 19.5 |
For further information, please contact:
Ferrexpo: | |
Ingrid McMahon | +44 207 389 8304 |
Brunswick Group: | |
Carole Cable | +44 207 404 5959 |
Richard Meredith | +44 207 404 5959 |
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 the 6th largest supplier of pellets to the global steel industry and the largest exporter of pellets from the CIS. In 2013, it produced 10.8 million tonnes of pellets, a 12% increase compared to 2012. 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
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