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Ferrexpo Increases Iron Ore Pellet Output in H1 of 2020

Mining News - Published on Tue, 14 Jul 2020

Image Source: Ferrexpo Iron Ore
Ferrexpo PLC facilities continue to operate with minimal impact on operations to date, and the Company continues to closely monitor its workforce. The infection rate in the local communities surrounding the Company’s operations remains low. The Company has maintained its good safety performance indicators into 2020, with no fatalities in 1H 2020 and the Group lost time injury frequency rate continues to remain below 1.0x.

2Q 2020 pellet production up 5% to 2.9 million tonne (1Q 2020: 2.7 million tonne).

1H 2020 pellet production up 5% to 5.6 million tonne (1H 2019: 5.4 million tonne).

1H 2020 sales volumes increased by c.21% to 6.1 million tonne (1H 2019: 5.0 million tonne), reflecting de-stocking.

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Posted By : Yogender Pancholi on Tue, 14 Jul 2020
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