Ferrexpo Email Format
MiningZug, Switzerland501-1000 Employees
Ferrexpo is a mining company that produces high-grade iron ore pellets and ranks as the world's third-largest exporter of these products. Its pellets enable steel producers to reduce carbon emissions by about 40% per tonne. The firm is headquartered in Baar, Zug, Switzerland, with substantial operations in central Ukraine where it is among the region's largest employers. It trades on the London Stock Exchange as part of the FTSE 250 and FTSE4Good indices, and MSCI assigns it an A rating among steel-sector performers. The company is pursuing a growth phase that emphasizes higher-grade offerings and increased production while lowering the carbon footprint per pellet and committing to net-zero emissions from its operations by 2050. In response to the Ukraine crisis, Ferrexpo established a Humanitarian Fund to support local communities, and recent developments include a hydrogen-decarbonisation partnership with Salzgitter and an updated pellet production line in Ukraine.