Ferrexpo slumps as Ukraine court opens bankruptcy proceedings against unit

Ferrexpo

24/02/2026 16:32

** Shares of Ukraine-focused miner Ferrexpo  FXPO.L 
fall as much as 29.7% to 50.5p; stock is top loser across London
stocks
** Co says Ukrainian court opens bankruptcy proceedings against
co's unit Ferrexpo Poltava Mining (FPM)
    ** Says court also appointed insolvency manager
    ** FXPO says existing FPM management team will remain in
place and continue to operate business
    ** FPM will file appeal against court's ruling within
statutory 10-day period
    ** In 2025, FXPO stock fell ~30%

 (Reporting by Rishab Shaju in Bengaluru)
 ((Rishab.shaju@thomsonreuters.com ; +91 9048142177))