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Ferrexpo PLC (FXPO.L)

FXPO.L on London Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Ferrexpo Says H1 Pellet Production Of 5,096 Thousand Tonnes
Tuesday, 3 Jul 2018 

July 3 (Reuters) - Ferrexpo PLC ::PRODUCTION FOR 2Q 2018.1H 2018 PELLET PRODUCTION OF 5,096 THOUSAND TONNES (1H 2017: 5,160 THOUSAND TONNES).LOWER PELLET PRODUCTION IN 1H 2018 VERSUS. 1H 2017 REFLECTED A PLANNED 65 DAY PELLET LINE REFURBISHMENT.  Full Article

Ferrexpo Says 2017 Pellet Production fell to 10.4 mln tonnes
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - Ferrexpo Plc ::‍TOTAL 2017 PELLET PRODUCTION 10.4 MT COMPARED TO 11.2 MT IN 2016 REFLECTING PLANNED PELLETISER MAINTENANCE​.‍4Q 2017 PRODUCTION INCREASED 12% COMPARED TO 3Q 2017​.‍2017 SALES VOLUMES APPROXIMATELY 10.4 MT COMPARED TO 11.7 MT IN 2016 DUE TO PRODUCTION LEVELS​.FULL YEAR AVERAGE 2017 CASH COST OF PRODUCTION WAS APPROXIMATELY US$33 PER TONNE COMPARED TO US$29 PER TONNE IN 2016.‍GROUP'S AVERAGE RECEIVED PRICE IN 2017 INCREASED SIGNIFICANTLY COMPARED TO 2016​.AVAILABLE LIQUIDITY AS OF 31 DECEMBER 2017 WAS CIRCA US$310M COMPARED TO US$145M AS OF 31 DECEMBER 2016.‍NET DEBT AS OF 31 DEC 2017 WAS APPROXIMATELY US$400M COMPARED TO US$589M AS OF 31 DECEMBER 2016.Q4 TOTAL PELLETS PRODUCED OF 2.79 MILLION TONNES VERSUS. 2.49 MILLION TONNES IN Q3.  Full Article

Ferrexpo ‍Announce Special Dividend Of 3.3 US Cents Per Share​
Thursday, 7 Dec 2017 

Dec 7 (Reuters) - Ferrexpo Plc ::‍ANNOUNCE A SPECIAL DIVIDEND OF 3.3 US CENTS PER SHARE​.WILL TARGET SPECIAL DIVIDENDS OF ABOUT $40 MILLION PER FY TO BE PAID AT AN APPROPRIATE TIME IN ITS REPORTING CYCLE​.‍CONTINUED TO TRADE "STRONGLY" SINCE IT ANNOUNCED HY RESULTS, ITS CASH FLOWS HAVE FURTHER REDUCED NET DEBT AND FUNDED CAPITAL EXPENDITURE​.  Full Article

Ferrexpo announces secured three year revolving credit facility of $195 mln
Friday, 17 Nov 2017 

Nov 17 (Reuters) - FERREXPO PLC ::‍ANNOUNCE THAT IT HAS SIGNED A NEW SECURED THREE YEAR REVOLVING CREDIT FACILITY OF US$195 MILLION​.‍COMMITTED CREDIT FACILITY WAS ARRANGED BY BNP PARIBAS AND INCLUDES A SYNDICATE OF SIX INTERNATIONAL LENDERS​.‍CREDIT FACILITY WILL AMORTIZE OVER EIGHT QUARTERS WITH FINAL REPAYMENT ON 31 DECEMBER 2020 AND WILL BE USED FOR GENERAL CORPORATE PURPOSES​.  Full Article

Ferrexpo H1 EBITDA $160 mln
Wednesday, 3 Aug 2016 

Ferrexpo Plc : H1 ebitda $160 million versus $176 million year ago . H1 production volumes from own ore grew 4% to 5.7 million tonnes .H1 revenue $458 million versus $512 million year ago.  Full Article