Mining Digital May 2022 | Page 5

FOREWORD Ferrexpo meets humanitarian and economic needs

“ Ferrexpo ’ s iron ore pellet production totalled 2.7mn tonnes in Q1 2022 , which was in line with the same period in 2021 – but the situation remains complex and changeable ”

These are testing times for Ferrexpo , one of the largest employers in central Ukraine .
Its primary focus is securing the wellbeing of its 10,000 staff , families and communities – and providing accommodation and assistance to over 1,400 refugees displaced as a result of the war .
By mid-March it increased the level of approved funding for its Humanitarian Fund to an impressive US $ 7.5mn .
Alongside its humanitarian support , it has another key focus : simply to keep operations running as smoothly as possible .
Its iron ore pellet production totalled 2.7mn tonnes in Q1 2022 , which was in line with the same period in 2021 – but the situation remains complex and changeable , and logistics remain challenging with the port of Pivdennyi closing .
As the conflict persists , the mining community and Ferrexpo ’ s diverse network of customers must continue to stand shoulder-to-shoulder in support .
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