The Ferrexpo PLC mining company with the main assets in Ukraine in January-September of this year produced 2 million 808.594 thousand tons of rental, which is 38.5% lower than the same period last year (4 million 567.168 thousand tons).
according to the press release of the company on Monday, the total production of commodity products (rental and iron ore concentrate) over 9 months-2025 increased by 0.9% to 5 million 67.888 thousand tons. In particular, the production of commodity concentrate amounted to 2,259,294 thousand tons against 457,264 thousand tons, respectively. The company, in particular, produced 81.787 thousand tons of driving (for 9 months-2024-326.168 thousand tons), 2 million 726.807 thousand tons of premium rolling (decrease by 35.7%). The Holded VAT is now $ 47 million. In connection with the reduction in financial liquidity that arose in O also for August and September, the estimated total amount of non -neglected VAT will be $ 58 million
while reducing the costs entered in the second quarter continued in the third quarter. At the end of September, approximately 20%Nicks were on vacation or reduced working hours.
during the third quarter, VAT problems were aggravated by the strengthening of Russian air attacks on the Ukrainian railway network and internal energy infrastructure in Ukraine. These problems create additional difficulties in managing operations and logistics.
as reported, Ferrexpo in the first half of 2025 produced 2 million 169.631 thousand tons of rolling stock, which is 34.2% lower than in January-June 2024 (3 million 297.441 thousand tons). The total production of commodity products for the first half of 2025 was reduced by 9% compared to the first half of 2024 - up to 3 million 393,135 thousand.
