Ferrexpo's iron ore output drops 9% YoY in 2025

Ferrexpo, a Swiss-headquartered, London-listed iron ore producer with operations in Ukraine, produced 6.1 million tonnes of iron ore during 2025, some 9% lower on year, according to the company's latest production report released on January 14.

Despite the decline, the full-year production is more than 50% of the company's pre-war capacity and "an acceptable production performance" given all the challenges it faced during a fourth year of war, the report noted. Among last year's total, pellet output decreased by a significant 47% on year to 3.2