Ferrexpo reports strong production, warns of difficult operating environment
7th Apr 2025 07:34
(Sharecast News) - Ferrexpo reported its strongest quarterly production since the start of Russia's full-scale invasion of Ukraine in 2022 on Monday, delivering 2.1 million tonnes of total output in the first quarter of 2025, although its shares were sliding as it warned of an increasingly difficult operating environment.
Read moreSunday newspaper round-up: Trump, Airbus, Tesla
30th Mar 2025 12:26
(Sharecast News) - Senior UK and EU diplomats advised the Prime Minister on Saturday to fight back against Donald Trump should he pursue harsh tariffs on British exports. British government officials in Washington and London were in the midst of trying to head-off US trade duties on key UK industries. In particular, there is concern regarding the threat to impose reciprocal 25% tariffs on countries that levy VAT on America's exports. - Guardian
Read moreLondon close: Stocks finish lower amid massive Heathrow disruption
21st Mar 2025 15:05
(Sharecast News) - London stocks ended lower on Friday, pressured by weak airline performance amid an all-day closure at Heathrow Airport, as well as disappointing public finance figures.
Read moreUkraine suspends VAT refunds on two Ferrexpo subsidiaries
21st Mar 2025 07:28
(Sharecast News) - Ferrexpo said on Friday that Ukrainian tax authorities have suspended VAT refunds for January totalling UAH 512.9m ($12.5m) for two of its subsidiaries, citing sanctions imposed on major shareholder Kostiantyn Zhevago.
Read moreLondon close: Stocks manage gains ahead of Fed decision
19th Mar 2025 15:34
(Sharecast News) - London's financial markets showed modest gains by the close on Wednesday, with investors digesting the Bank of Japan's recent policy decision and anticipating the upcoming announcement from the US Federal Reserve.
Read moreFerrexpo accuses Ukraine of breaching treaty obligations
19th Mar 2025 08:08
(Sharecast News) - Shares in Ferrexpo were sharply lower on Wednesday, after the iron ore producer accused Ukraine of breaching international investment agreements.
Read moreFerrexpo delays release of annual results
11th Mar 2025 09:00
(Sharecast News) - Ukraine-focused iron ore pellet producer Ferrexpo has delayed the release of its annual results due to ongoing events in Ukraine as well as the legal discussions surrounding its mining unit.
Read moreFerrexpo says Ukraine court approves state takeover of stake in mining unit
5th Mar 2025 07:25
(Sharecast News) - Ferrexpo said a Ukrainian district court had granted a request from prosecutors to transfer 49.5% of its mining unit to the state ownership in relation to an embezzlement case.
Read moreLondon close: Stocks little changed after UK data dump
21st Feb 2025 15:46
(Sharecast News) - London stocks closed with little direction on Friday as investors weighed fresh economic data, including signs of slowing private sector growth.
Read moreLondon close: Stocks slip as US jobless claims rise
20th Feb 2025 16:06
(Sharecast News) - London equities ended lower on Thursday as investors reacted to a higher-than-expected rise in US jobless claims and a decline in UK consumer confidence.
Read moreFerrexpo shares tank on Ukraine mine nationalisation report
20th Feb 2025 14:23
(Sharecast News) - Ferrexpo shares tanked on Thursday after Ukrainian officials said they planned to nationalise the company's Poltava mining and processing plant amid allegations of illegal mining and fund misappropriation.
Read moreLondon close: Stocks finish Friday in the red
14th Feb 2025 16:56
(Sharecast News) - London stocks ended the week lower on Friday as investors reacted to US president Dinald Trump's announcement of reciprocal tariffs, while weakness in NatWest added to the pressure after the lender's latest results failed to impress.
Read moreLondon close: Stocks mixed on US jobless claims, UK GDP growth
13th Feb 2025 15:51
(Sharecast News) - London stocks ended Thursday in mixed territory as investors assessed a fall in jobless claims across the pond, as well as an unexpected expansion in the UK economy.
Read moreFerrexpo shares tank 40% as Ukraine unit faces £3bn civil claim
4th Feb 2025 15:49
(Sharecast News) - Shares in London-listed miner Ferrexpo tanked on Tuesday after the company said a civil claim worth 157 billion Ukrainian hryvnia (£3bn) had been filed against its Ukrainian unit Ferrexpo Poltava Mining (FPM) in relation to alleged sale of waste products from the production of iron ore pellets.
Read moreFerrexpo reports end of Kysen legal proceedings
23rd Jan 2025 10:10
(Sharecast News) - Switzerland-based iron ore miner Ferrexpo has announced that legal proceedings against its Ukrainian subsidiary have finally been resolved after 10 months.
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