Which diggers are top of the pile for this leading investment bank?
This leading City broker lauded the ability of the industry's leading lights to generate cash.
Company
Ferrexpo PLC
LON:FXPO
Ferrexpo PLC is a resource company, headquartered in Switzerland, with assets in Ukraine. It is principally involved in the production and export of iron ore pellets, which are used in the manufacture of steel. Its asset base comprises one of the largest iron ore resources in the world. It produces around 10mln tonnes of iron ore pellets per year and with several growth projects in place is aiming to double future production. It is committed to becoming a leading global supplier of iron ore pellets, providing outstanding service to its customers and strong returns to its shareholders. It became the first Ukrainian company to be listed on the main market of the London Stock Exchange (ticker: FXPO) following a successful flotation on 15 June 2007, which made it the only pure-play iron ore company currently listed on the London Stock Exchange.
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