Swiss-headquartered resources company Ferrexpo, whose main interests are in Ukrainian iron ore assets, has announced that in the second quarter of 2013 its overall iron ore pellet production increased by 11.8 percent year on year to 2.7 million mt, while in the first half of the year, the output volume amounted to 5.24 million mt, up 11 percent compared to the same period of the previous year.
In the second quarter, Ferrexpo's pellet production from its own raw materials increased by 11 percent year on year, amounting to 2.6 million mt, while its pellet production from third party concentrate saw a decrease of 9.24 percent year on year to 95,200 mt.
In the first six months of the current year, Ferrexpo's pellet production from its own raw materials increased by 11.4 percent year on year, amounting to 5.08 million mt, while its pellet production from third party concentrate decreased by a slight margin of 0.7 percent year on year to 160,900 mt.
In January-June, Ferrexpo Yeristovo Mining's iron ore production amounted to 2.96 million mt, while iron ore production from Ferrexpo Poltova Mining increased by 5.6 percent to 15.81 million mt, compared to the corresponding quarter of the previous year.