Ferrexpo unveils 38m dollar windfall following enhanced margins

Ferrexpo, the FTSE 250-listed iron ore pellet producer, has unveiled a special dividend of 6.6 cents per share, amounting to approximately 39m dollars, after disclosing enhanced margins and production in the year ended December 31st.

Ferrexpo, the FTSE 250-listed iron ore pellet producer, has unveiled a special dividend of 6.6 cents per share, amounting to approximately 39m dollars, after disclosing enhanced margins and production in the year ended December 31st.

The group reported that its growth projects progressed as planned and first ore was achieved at Ferrexpo Yeristovo Mining (FYM) in July 2012, with commercial production expected in 2013.

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