10 November 2025
Ferrexpo plc
("Ferrexpo", the "Group" or the "Company")
Limited attack on power infrastructure
Ferrexpo plc (LSE: FXPO) regrets to announce that following attacks on Ukrainian energy infrastructure early on Saturday 8 November 2025, the supply of power to its operations has been affected and as a result production and exports will be interrupted.
There are no reports of fatalities or injuries.
Background
In recent months, an increase in the frequency and intensity of attacks targeting Ukrainian energy generation and transmission infrastructure has been observed. During the early hours of Saturday 8 November 2025, missiles hit energy transmission targets in Horishni Plavni, the mining city where Ferrexpo is situated, and the larger nearby industrial city of Kremenchuk.
Following the attacks the supply of power was cut to the city of Horishni Plavni and operations at the Group's subsidiaries, Ferrexpo Poltava Mining ("FPM") and Ferrexpo Yeristovo Mining ("FYM") were suspended.
Impact on production and exports
In preparation for such events, the Group has established stocks of intermediary non-finished and finished iron ore products on site and at other locations to minimise disruption to its production cycle and exports.
Over the weekend, a limited amount of power has been restored to FPM and FYM and parts of the processing plant are once again operational. Efforts continue to restore power and production capacity.
An update will be provided as and when appropriate.
This announcement contains inside information. The person responsible for the release of this announcement is Mark Gregory, Group Company Secretary.
For further information please contact:
| Ferrexpo: |
||
| Nick Bias |
+44 (0)7733 177 831 |
|
| |
|
|
| Tavistock: |
|
|
| Jos Simson |
+44 (0)20 7920 3150 |
|
| Gareth Tredway |
|
+44 (0)7785 974 264 |
About Ferrexpo:
About Ferrexpo: Ferrexpo is a Swiss headquartered iron ore company with assets in Ukraine and a listing in the equity shares commercial companies category on the London Stock Exchange (ticker FXPO) and a constituent of the FTSE All-Share index. The Group produces high grade iron ore products, which are premium products for the global steel industry and enable reduced carbon emissions and increased productivity for steelmakers when converted into steel, compared to more commonly traded forms of iron ore. Ferrexpo's operations have been supplying the global steel industry for over 50 years. Before the full-scale invasion of Ukraine in February 2022, the Group was the world's third largest exporter of iron ore pellets. The Group has a global customer base comprising of premium steel mills around the world. For further information, please visit www.ferrexpo.com.