logo
  

Ferrexpo Q4 Iron Ore Pellet Production Down 1%

Ferrexpo plc (FXPO.L), a Swiss iron ore company with assets in Ukraine, reported that its fourth quarter iron ore pellet production declined 1% year-over-year to 3.06 million tonnes.

Sequentially, iron ore pellet production increased 18% quarter on quarter, reflecting the resumption of all four pelletiser lines following upgrade work in previous quarters.

Total commercial production, comprising pellets & concentrate, for the fourth-quarter was 3.10 million tonnes, down 2 percent from last year, but up 17 percent sequentially.

Total full year production of iron ore pellets of 11.2 million tonnes in 2021, a result in line year on year, and includes disruptions during the year for pelletiser upgrade work.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Teva Pharmaceuticals USA, Inc. has recalled one lot of platelet-reducing drug Anagrelide in the form of capsules due to dissolution test failure detected during routine stability testing, the U.S. Food and Drug Administration, or FDA, said in a statement. The U.S. Food and Drug Administration said it has taken steps to make available millions of cans of additional infant and specialty formula to U.S. consumers in the coming months. Under the agency's recent increased flexibilities, British nutrition products maker Kendal Nutricare will send about 2 million cans of infant formula under the Kendamil brand initially to U.S. beginning in June. Video streaming giant Netflix Inc. announced the availability of a variety of mobile games. Players can download the games directly from the Netflix mobile app. The new games include Dragon Up (East Side Games), Moonlighter (11 Bit Studios), Townsmen - A Kingdom Rebuilt (HandyGames), and Exploding Kittens - The Game (Exploding Kittens Digital).
RELATED NEWS
Follow RTT