Mining Digital November 2021 | Page 48

FERREXPO

Embracing

transformation in Ukraine

“ We live and work in a cyclical industry ; the commodity prices vary considerably year on year , so we ’ ve chosen a conservative but very solid program for expansion ”

JIM NORTH INTERIM CEO & EXECUTIVE DIRECTOR , FERREXPO
Ferrexpo has four pellestiser lines of pelletisers with investments planned in each line followed by incremental expansion of concentrated production with more crushing and grinding equipment . “ We ’ ll be growing out production slowly over the next 10 to 12 years ”, confirms North . “ I think that ' s the best strategy for us and it de-risks the business . We know we live and work in a cyclical industry ; the commodity prices vary considerably year on year , so we ’ ve chosen a conservative but very solid program for expansion ”.
Decarbonisation Decarbonisation is gathering pace so the DR market is the key to future growth for
48 November 2021