Ferrexpo faces insolvency of partner bank
National Bank of Ukraine decided to declare Bank F&C insolvent
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.
148 stories · page 8 of 8
TUI upgraded thanks to “very positive” third quarter
TUI, Wolseley, Ferrexpo, Capitals & Counties and Derwent London are all in Monday’s broker spotlight
ABF all bought up ahead of Primark’s US launch, says UBS
ABF, Sophos, Legal & General, Ferrexpo, TUI and Poundland are all in Thursday’s broker spotlight
Investments and investor services
Week Ahead: HSBC - one last time before exiting stage right?
HSBC and Standard Chartered are often bracketed together because of their focus on Asian markets, and they continue their double-act this week.
Is the future anything but bleak for junior iron ore miners?
There are tough times in the iron ore sector, with prices weak, and out-of-the-way assets now looking stranded. Some companies will inevitably go under, but some may weather the storm surprisingly well
Archive
Most followed: Greek referendum, Chinese mis-selling, Ferrexpo, Golden Saint Resources
China may have been following the Western capitalism blueprint a little too closely, with the regulators announcing an investigation into the possible mis-selling of financial products.