Ferrexpo production in May 2008 up by 0.6% MoM

June 12, 2008

June 12th (Steel Guru) – Ferrexpo has announced its production result for May 2008 with iron ore production of 2,418,000 tonnes up by 0.6% MoM, while concentrate production of 918,000 tonnes down by 0.7% MoM.

The production result for the month of May 2008 is given under

Production May’08 Apr’08 Change May’07 Change
Iron Ore 2,418 2,403 0.6% 2,422 -0.1%
Concentrate 918 924 -0.7% 879 4.4%
Pellets from produced raw materials 761 761 0% 736 3.4%
62% Fe 440 415 6.1% 410 7.4%
65% Fe 320 345 -7.3% 325 -1.7%
Pellets Total 776 778 -0.3% 756 2.6%
62% Fe 455 433 5.2% 430 5.9%
65% Fe 320 345 -7.3% 325 -1.7%
           

In ‘000 tonnes

Ferrexpo is a Swiss headquartered resources company with assets in Ukraine, principally involved in the production and export of iron ore pellets, used in producing steel. Current output is over 9 million tonnes, approximately 85% of which is exported to steelmakers around the world. The Group is currently undertaking a significant growth program and listed on the main market of the London Stock Exchange in June 2007 under the ticker FXPO.

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