June 7, 2019 / 6:20 AM / a month ago

Miner Ferrexpo expects H1 core earnings to increase "materially"

June 7 (Reuters) - Iron ore miner Ferrexpo said on Friday it sees core earnings in the first half of the year to increase “materially”, driven by higher pricing, production and sales volumes.

Ferrexpo, which said in April that some of the funds it donated to a charity in Ukraine could have been “misappropriated”, also named former Ernst and Young partner Graeme Dacomb as a member of the independent review committee looking into matters relating to the misuse of funds. (Reporting by Justin George Varghese in Bengaluru Editing by Saumyadeb Chakrabarty)

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