Opening Ukraine’s seaports has helped iron ore company Ferrexpo increase its net profit by 100%. Iron ore company Ferrexpo, with assets in Ukraine, increased its January-June net profit by almost 100% compared to the same period last year – up to $55.49M; total sales increased by 85%, up to 3.8 m... #ferrexpo #MetallurgyUkraine #SeaPortsUkraine #UkraineMaritimeCorridor #UkrainianMetalExport
Ukrainian mining industry leaders increase their income by 13%. Last year, the 10 leaders in the extractive industry earned ₴365.26B, which is 11% more than before the start of full-scale war and 13% more than in 2022. The group is led by Ukrnafta, which increased... #ferrexpo #MiningIndustry #MiningUkraine #Ukrgazvydobuvannya #Ukrnafta
Ferrexpo is investing in the construction of a 10.8 MW solar power plant and electrifying its production processes. The metallurgical company Ferrexpo plans to build a solar power plant with a capacity of 10.8 MW for its production needs, said Viktor Lotous, chairman of the board of Poltava MPP. He states that the ... #ferrexpo #RenewableEnergyUkraine #SolarEnergyUkraine #Ukrainianmetallurgy #YeristovoMining
The integration of Ukrainian industry with its European counterparts will accelerate Ukraine’s accession to the EU. The top manager of the British company Ferrexpo plc, Nick Bias, said: “We name 2030 as a potential date for Ukraine to join the EU. Recently, a green production agreement was signed, and steel p... #EuropeanIntegration #ferrexpo #GreenMetallurgia #NickBias #UkraineIndustry
Fitch has downgraded Naftogaz, Ukrenergo, and Ferrexpo ratings. Fitch, the international rating agency, lowered the long-term rating of Naftogaz in foreign currency to the level of RD (limited default). The agency said that this happened after the company failed t... #ferrexpo #FitchRatings #Naftogaz #Ukrenergo
Ferrexpo decarbonization plans. The firm which controls Poltava Mining and Yeristovo Mining has announced that it is working with Ricardo Plc as part of its decarbonization plans by 2050. “The Group undertakes a commitment to achiev... #DecarbonizationUkraine #ferrexpo #FerrExpoDecarbonization
