Swiss-headquartered resources company Ferrexpo, whose main interests are in Ukrainian iron ore assets, has announced that in the third quarter of 2013 its overall iron ore pellet production increased by 15.2 percent year on year to 2.8 million mt, while in the first nine months of the year, the output volume amounted to 8.05 million mt, up 12.5 percent compared to the same period of the previous year.
In the third quarter, Ferrexpo's pellet production from its own raw materials increased by 13 percent year on year, amounting to 2.7 million mt, while its pellet production from third party concentrate doubled to 120,600 mt, compared to the same period of the previous year.
In the first nine months of the current year, Ferrexpo's pellet production from its own raw materials increased by 12 percent year on year, amounting to 7.76 million mt, while its pellet production from third party concentrate increased by 26.8 percent year on year to 281,500 mt.
In the January-September period, Ferrexpo Yeristovo Mining's iron ore production amounted to 1.4 million mt, while iron ore production from Ferrexpo Poltova Mining decreased by 8.2 percent to 6.4 million mt, compared to the corresponding period of the previous year.