Jul 23, 2019
Ferrexpo should be printing money at the current iron ore price
Ferrexpo should be printing money at the current iron ore price
Ferrexpo (LON:FXPO), the London-listed iron ore pellet producer with a mine and plant in Ukraine, has reported a total production of 5.35 million tonnes of iron ore pellets of which 5.14 million tonnes had an average grade of 65% Fe while the remaining 215,000 tonnes reported a 62% Fe content. It’s encouraging to see the global production increase (up 5.3%) while the production of the higher…
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