Ukraine: Ferrexpo appoints Frauman its non-executive director
Ferrexpo plc, owner of the Poltava Mining and Processing Works, has appointed David Frauman its non-executive director.
Ukraine: Ferrexpo pellets output up in January-August 2015
In January-August Ferrexpo plc, controlling Poltava and Yeristovo Mining and Processing Works, produced 8.67 million tons of pellets, up by 5.1% YoY.
Ukraine: Ferrexpo in talks over loan amendments
Ukrainian iron ore producer Ferrexpo is expected to conclude talks with banks over a 12-month maturity extension on its pre-export finance loans in October, a banker said.
Ukraine: Ferrexpo shares down at the news of bank problems
On September 18 the shares of the UK-based mining company Ferrexpo with assets in Ukraine fell at the London Stock Exchange after the news of the company losing access to its money in the Finances and Credits bank in Kiev. The bank is owned by Ferrexpo majority shareholder Konstantin Zhevago.
Ukraine: insolvent bank carries Ferrexpo’s $174 million
Ferrexpo had $174 million at the Finances and Credits bank, that had been named insolvent.
Ukraine: Ferrexpo ups pellets output in January-August 2015
In January-August Ferrexpo-controlled Poltava and Yeristovo Mining and Processing Works (PGOK and EGOK) produced 7.65 million tons of pellets, up by 5.1% YoY.
Ukraine: Ferrexpo interim earnings hit by iron ore slump
Ukrainian iron ore miner Ferrexpo said it was cautious about its full-year performance due to weakness in iron ore prices and an uncertain situation in Ukraine, as it reported a 45% fall in its half-year core profit.
Ukraine: Ferrexpo ratings down
Standard & Poor’s has decreased the long-term credit rating of iron ore pellets manufacturer Ferrexpo Plc owned by Konstantin Zhevago from CCC to SD and its short-term rating from C to SD.
