British-based Ferrexpo plc, which controls in Ukraine, in particular, Poltava and Yeristovo mining and processing plants (GOK), in January-October this year, according to recent data, increased production of pellets by 0.1% compared to the same period last year – up to 9.19 million tonnes.A representative of the company informed Interfax-Ukraine in October production of pellets amounted to 1.035 million tonnes.At the same time, the company produced 12.18 million tonnes of iron ore concentrate, which is 5.9% higher than in the same period last year, in October it produced 1.24 million tonnes.According to the company’s presentation, in November the daily production of pellets will increase in comparison with October and September to almost 35,000 tonnes per day, which will allow to increase the overall production of pellets in the fourth quarter.In 2022, the company predicts an increase in pellet production above the level of 2021, in particular pellet production through direct reduction with a 67% iron content will be in the range of 0.5-1 million tonnes.Ferrexpo is an iron ore company with assets in Ukraine.Ferrexpo owns 100% of the shares of Poltava GOK, 100% of Yeristovo GOK and 99.9% of Belanovo GOK.
