The Switzerland-based, but Ukrainian-owned, iron ore producer Ferrexpo increased total pellet production by 3.3% in the fourth quarter of 2011 compared to the previous three month period.
Pellet production from its own ore during the whole of 2011 was in line with 2010, with both years at full capacity.
Production of higher grade 65% iron pellets, from its own ore, increased 4.8% in 2011 compared to 2010.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
However total pellet production from purchased raw materials fell 25.1% year on year.
The share price rose 1.31% to 302.1p by 09:06.
NR
-
Which UK region has the most in savings? Average savings by areaThe amount people have in their savings differs from region to region in the UK. How does your nest egg compare to those living nearby?
-
Doug and Mary Perkins: Specsavers’ clear-sighted foundersHelped by the deregulation of the sector in the 1980s and brilliant advertising, Mary Perkins and her husband Doug have taken Specsavers to the top of the optometry market
