2016 Full Year Results

2016 FULL YEAR RESULTS

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Who we are

Ferrexpo is a Swiss headquartered iron ore company with assets in Ukraine. It is the 6th largest seaborne pellet producer and 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.

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Welcome to our interactive operations map. Use the tabs at the top to filter and click a pin for more information.

Overview

Welcome to our interactive operations map. Use the tabs at the top to filter and click a pin for more information.

Ferrexpo’s ore body is a single 50 kilometre-long strike divided into 9 adjacent deposits. The southern five mines have JORC classified of 6.7bt and the northern five 13.1bt FSU Soviet Classified.

 6.7T JORC
CLASSIFIED
13.1bt FSU
SOVIET CLASSIFIED

Railway Station
Ports Barges
Ports Marine
Counties / Town
Rivers

Ferrexpo owns
2,252
railcars which transport pellets to border dispatch points
In the year 2015
23 Capesize ships
loaded, saving the group on freight rates compared to panamax vessels
In the year 2015
135 barges
shipped our pellets to customers in Europe

 

Ferrexpo’s close proximity to end markets allows it to sell its product competitively to the key steel producing regions in the world.

   OFFICES
  • Switzerland
  • Shanghai
  • London
  • Singapore
  • Ukraine
  • Tokyo
  • Dubai
CHINA
  • Czech Republic
  • Serbia
  • Slovakia
  • Hungary
  • Austria
NORTH EAST ASIA
  • China
  • Japan
  • South Korea
  • India
  • Taiwan
CENTRAL EUROPE
WESTERN EUROPE
TURKEY, MIDDLE EAST, INDIA

Visit Our Markets for more info

OPERATIONS
  • Ukraine

All of our current output is in the form of high quality iron ore pellets with an iron content of 62% or 65%. Our products have been used for decades by some of the most reputable steel mills globally. Ferrexpo offers a customer orientated marketing strategy to meet steel mill’s requirements including a competitive and reliable logistics system. Pellets are uniform in size and composition. They are a high productivity, direct charge iron ore feed to the iron making process and therefore have a lower environmental impact than fines (which require sintering by the steel producers).

Read our production reports in our Downloads Area

Ferrexpo Premium Pellets (FPP): 65% Fe

Approximately half of our current production is in the form of FPP of 65% Fe. We have a capital investment project underway to install improved processing capability to allow for 100% production of FPP in 2015. FPP are high grade acid pellets with low levels of alumina and phosphorus as well as high magnesium oxide content. This chemical composition assists in the production of high value added steel products at reduced costs.

Production of FPP in 2015
10.3
million tonnes
 
78%
growth vs. 2014

Ferrexpo Basic Pellets (FBP): 62% Fe

FBP pellets provide a high performance cost-effective feed for a blast furnace and can reduce the use of fluxes due to elevated silica levels. After many years of use by steel producers around the world, FBP’s performance in the blast furnace has established a strong reputation, particularly when combined with our after sales service.

Production of FBP in 2015
1.3
million tonnes
 
-75%
decline vs. 20134