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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Strategy

We have a clear and consistent strategy to develop our significant resource base, one of the largest iron ore deposits in the world, and to improve the quality of our product in a financially sustainable manner. In addition, our intention is to remain a competitive producer on the global pellet cost curve so as to ensure production at full capacity and thereby a good financial performance throughout the commodities cycle.

In order to achieve our aims, we have defined seven strategic priorities against which we benchmark our progress. These are: