REG - Ferrexpo plc - Limited attack on power infrastructure

FerrexpoAnnouncement

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RNS Number : 8414G  Ferrexpo PLC  10 November 2025

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       n.bias@ferrexpo.ch (mailto:n.bias@ferrexpo.ch?subject=Power%20supply)  +44 (0)7733 177 831

 Tavistock:
 Jos Simson      ferrexpo@tavistock.co.uk                                               +44 (0)20 7920 3150
                 (mailto:ferrexpo@tavistock.co.uk?subject=Power%20supply)
 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 (http://www.ferrexpo.com/) .

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