9th Jul 2013 07:00
9 July 2013
Ferrexpo plc
Production for 2Q 2013
Summary
·; Group pellet production, from own ore, up 11.4% in 1H13 vs. 1H12
·; Ramp up of production from FYM ore resulted in 859 thousand tonnes of pellets in 1H13
Production in tonnes '000 | Q2 2013 | Q1 2013 | Change | 1H | 1H | Change | |
% | 2013 | 2012 | % | ||||
Production from FPM ore | |||||||
Iron ore | 8,670.0 | 7,142.7 | 21.4 | 15,812.6 | 14,976.8 | 5.6 | |
Concentrate | 2,643.1 | 2,770.1 | (4.6) | 5,413.2 | 5,739.9 | (5.7) | |
Pellets | |||||||
62% Fe | 1,056.4 | 1,163.6 | (9.2) | 2,220.1 | 2,429.3 | (8.6) | |
65% Fe | 1,012.1 | 994.0 | 1.8 | 2,006.1 | 2,133.6 | (6.0) | |
Total FPM pellets | 2,068.5 | 2,157.6 | (4.1) | 4,226.1 | 4,562.9 | (7.4) | |
Production from FYM ore | |||||||
Iron ore | 1,742.6 | 1,224.0 | 42.4 | 2,966.6 | 0.0 | n/a | |
Concentrate | 651.5 | 373.0 | 74.7 | 1,024.5 | 0.0 | n/a | |
Pellets | |||||||
62% Fe | 347.2 | 288.5 | 20.4 | 635.6 | 0.0 | n/a | |
65% Fe | 183.5 | 39.7 | 362.8 | 223.1 | 0.0 | n/a | |
Total FYM pellets | 530.7 | 328.1 | 61.7 | 858.8 | 0.0 | n/a | |
Total Group | |||||||
62% Fe | 1,403.6 | 1,452.1 | (3.3) | 2,855.7 | 2,429.3 | 17.6 | |
65% Fe | 1,195.6 | 1,033.6 | 15.7 | 2,229.2 | 2,133.6 | 4.5 | |
Total Group pellets | 2,599.2 | 2,485.7 | 4.6 | 5,084.9 | 4,562.9 | 11.4 | |
Production from third party materials | |||||||
62% Fe | 0.0 | 65.7 | (100.0) | 65.7 | 106.2 | (38.2) | |
65% Fe | 95.2 | 0.0 | n/a | 95.2 | 55.8 | 70.8 | |
Total third party pellets | 95.2 | 65.7 | 44.9 | 160.9 | 162.0 | (0.7) | |
Total pellets produced | 2,694.4 | 2,551.4 | 5.6 | 5,245.8 | 4,724.9 | 11.0 | |
62% Fe | 1,403.6 | 1,517.8 | (7.5) | 2,921.4 | 2,535.5 | 15.2 | |
65% Fe | 1,290.8 | 1,033.6 | 24.9 | 2,324.4 | 2,189.4 | 6.2 | |
Ferrexpo will announce its results for the six months to 30 June 2013 on 7 August 2013.
For further information, please contact:
Ferrexpo: Ingrid McMahon
| +44 207 389 8304 |
Pelham Bell Pottinger: Charles Vivian Lorna Spears
| +44 207 861 3126 |
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. In 2012, the subsidiary, Ferrexpo Poltava Mining (FPM), produced 9.3 million tonnes of iron ore pellets, while first ore was reached at the new Ferrexpo Yeristovo Mining (FYM) open pit. Ferrexpo was the largest exporter of pellets in the CIS in 2012. The Group has a diversified customer base supplying steel mills in Austria, Slovakia, 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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