Ferrexpo sees third-quarter production edge higher

FTSE 250 iron ore miner Ferrexpo saw a slight increase in pellet production from own ore in the third quarter, but eased back on the purchases of third-party concentrate.

FTSE 250 iron ore miner Ferrexpo saw a slight increase in pellet production from own ore in the third quarter, but eased back on the purchases of third-party concentrate.

Compared with the second quarter, pellet output from own ore rose by 2.8% from 2,305.4k tonnes to 2,371.0k tonnes. Year-to-date (YTD) production, at 6,933.9k tonnes, was 3.1% higher than the same period of 2011.

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