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General mining & base metals

Ferrexpo maintained capacity production in November

Ferrexpo (LON:FXPO) told investors that it maintained full capacity production throughout November.

The company said it has continued to deliver strong production, and volumes in the year to date are significantly above last year.

In the year to date it has increased total pellet production to 9.1 million tonnes, up 15 percent from the same period in 2009.

Breaking the numbers down further, Ferrexpo upped production of its two main products, 62 and 65 percent iron pellets, by 16.8 and 13.3 percent respectively.

Whilst it has had to significantly increase production from third party concentrate to meet demand, it has also managed to increase production from its own ore by 5.3 percent.