Don’t write off Ukrainian iron ore miner Ferrexpo just yet

UK-listed Ukrainian iron-ore miner Ferrexpo has had its operations severely disrupted by Russia’s invasion. But, says Rupert Hargreaves, it’s brilliant business that’s worth keeping an eye on.

A worker walks past outdoor stores of iron ore pellets
Ferrexpo produces high-quality iron ore pellets
(Image credit: © Vincent Mundy/Bloomberg via Getty Images)

Mining can be a tough industry, which is why I tend to avoid the sector as an investor.

However, there are a couple of exceptions. The largest operators tend to have unrivalled economies of scale, helping them to cope with the cyclical and unpredictable nature of commodity markets.

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Rupert Hargreaves
Contributor and former deputy digital editor of MoneyWeek

Rupert is the former deputy digital editor of MoneyWeek. He's an active investor and has always been fascinated by the world of business and investing. His style has been heavily influenced by US investors Warren Buffett and Philip Carret. He is always looking for high-quality growth opportunities trading at a reasonable price, preferring cash generative businesses with strong balance sheets over blue-sky growth stocks.

Rupert has written for many UK and international publications including the Motley Fool, Gurufocus and ValueWalk, aimed at a range of readers; from the first timers to experienced high-net-worth individuals. Rupert has also founded and managed several businesses, including the New York-based hedge fund newsletter, Hidden Value Stocks. He has written over 20 ebooks and appeared as an expert commentator on the BBC World Service.