Ferrexpo - first-class iron ore resource

Resource base

Ferrexpo has one of the largest resource bases in the world. To date, 6.6 billion tonnes have been converted to the JORC system of classification, with a further 14 billion tonnes remaining classified under the old Soviet GKZ system. The company’s GKZ resources are well drilled and in the converted resources the JORC numbers closely approximate the GKZ measurements.

JORC reserves and resources:

Reserves and Resources
Note: this is JORC resources only, and excludes approximately 14 billion tonnes of additional iron ore resources classified according to the Soviet GKZ Code.

Ferrexpo Facts

Ferrexpo generated
US$503.9 million
of EBITDA in 2008.