UPDATE: Ferrexpo resumes production at Ukrainian operations

Ferrexpo, the Swiss-headquartered, London-listed iron ore pellet producer, restarted its operations in Ukraine over the just-passed weekend after securing $100 million in fundraising, according to a company press release on Monday.

The company had suspended its mining and pelletizing operations in Ukraine since early August, citing security threats in the Black Sea region that severely disrupted its export logistics, as well as ongoing working capital constraints, as Mysteel Global reported. One pellet production line has now been brought back online, the release