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02 Aug
16:49

Ferrexpo's revenue, profit surge on strong iron ore

Swiss-headquartered, Ukraine-based iron ore miner and pellet producer Ferrexpo's first-half revenue increased 28% year-on-year to $787 million on higher iron ore prices and sales volumes. Ebitda rose by 59% to $372 million, while profit after tax did likewise by 78% to $270m, the company says. Ferrexpo doubled its capital investment on-year in H1 to $114m, as it prepares to increase iron ore mining and upgrades equipment in preparation fo…
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