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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Governance

The Group has a Corporate Safety and Social Responsibility Committee (the ‘CSR Committee’) which includes two Board members and three senior executives. It monitors the implementation of CSR policies.

The CSR Committee is chaired by Viktor Lotous (FPM Chief Operating Officer). The other members of the CSR Committee are Steve Lucas (Chairman of the Board), Kostyantin Zhevago (Chief Executive Officer), Bert Nacken (Independent Director) and Greg Nortje (Group Head of Human Resources). To assist them in their duties, the CSR Committee will, from time to time, engage specialist technical advisers.

Matters considered by the CSR Committee include the following:

  • Review of the main CSR risks facing Ferrexpo and how they are managed.
  • Review of health and safety, human resources, community support projects, environmental protection measures, and progress in improving the use of natural resources.
  • Review of Ferrexpo’s environmental and social risk profile from the point of view of key stakeholders.