Business
Production Report for 3Q 2020
Production Report for 3Q 2020.
About this update from Ferrexpo Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 1644B\n Ferrexpo PLC\n 06 October 2020\n \n \n \n \n Ferrexpo plc\n \n \n Production Report for 3Q 2020\n \n \n \n \n \n \n \n \n \n \n \n 6 October 2020\n \n \n \n \n \n Ferrexpo plc\n \n \n (\"Ferrexpo\", the \"Group\" or the \"Company\") Production Report for 3Q 2020\n \n \n Summary:\n \n \n · \n COVID-19 update: Ferrexpo's operations continued to operate with minimal impact during 3Q 2020 due to the global COVID-19 pandemic. The Company continues to ensure all appropriate precautions are being followed for the health and wellbeing of its workforce, including the Company's own programmes testing for the COVID-19 virus and associated antibodies.\n \n \n · \n 9M 2020 pellet production up 3% to 8.1MT (9M 2019: 7.9MT).\n \n \n · \n 3Q 2020 pellet production down 12% to 2.5MT (2Q 2020: 2.9MT), with reduced volume due to planned pelletiser maintenance in early September 2020. \n \n \n · \n 100% of production in 3Q 2020 comprised of high grade iron ore pellets (65% Fe and above).\n \n \n · \n The Company's additional concentrator section was completed in 3Q 2020, with commissioning and ramp up of this additional processing capacity to progress in 4Q 2020. \n \n \n \n \n \n \n \n \n (000' tonnes, unless stated otherwise)\n \n \n \n \n \n 3Q\n \n \n 2020\n \n \n \n \n \n 2Q 2020\n \n \n \n \n % Change\n \n \n \n \n 9M 2020\n \n \n \n \n 9M 2019\n \n \n \n \n % Change\n \n \n \n \n \n \n Pellet production from own ore\n \n \n \n \n 2,537\n \n \n \n \n 2,873\n \n \n \n \n -12%\n \n \n \n \n 8,134\n \n \n \n \n 7,891\n \n \n \n \n +3%\n \n \n \n \n \n \n Comprised of:\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n - 62% Fe pellets\n \n \n \n \n -\n \n \n \n \n 25\n \n \n \n \n --\n \n \n \n \n 98\n \n \n \n \n 311\n \n \n \n \n -68%\n \n \n \n \n \n \n - 65% Fe and above pellets*\n \n \n \n \n 2,537\n \n \n \n \n 2,848\n \n \n \n \n -11%\n \n \n \n \n 8,036\n \n \n \n \n 7,580\n \n \n \n \n +6%\n \n \n \n \n \n * Includes trial shipment of Ferrexpo Direct Reduction pellets (67% Fe) in 1H 2020.\n \n \n Note: no pellet production from third party materials in 2019 or 2020. \n \n \n \n \n \n \n \n \n For further information, please contact:\n \n \n \n \...