Ferrexpo plc, a top four supplier of iron ore pellets to the global steel industry, today announces interim results for the six months ended 30 June 2015.

Michael Abrahams, Non-Executive Chairman, said:
"We are pleased to report a good set of results and an excellent operational and marketing performance given the challenging circumstances in both the iron ore industry and in Ukraine. We have increased production and sales volumes, improved the quality of our pellet output and benefited from a significantly reduced cost base. Furthermore, we have reduced net debt and extended our debt maturities.

"We remain cautious in the short to medium term, due to the potential for further iron ore price weakness and the fragile state of the Ukrainian economy."

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