Ferrexpo PLC 2012 AR2
The report highlights Ferrexpo's performance in 2012, during which the company increased iron ore pellet production from its own ore to 9.4 million tonnes and achieved first ore at the new Yeristovo mine. Despite lower global iron ore prices and industry cost inflation, the company maintained profitability with an EBITDA of US$402 million. In terms of sustainability, Ferrexpo reported zero workplace fatalities for the second consecutive year and improved its lost-time injury frequency rate to 0.66. Additionally, the company invested US$21 million in local community projects and continued to implement its Business Improvement Programme, which reduced production cash costs by US$64.2 million.
Company: Ferrexpo PLC
Sector: Mining & quarrying
Country: Switzerland
Year: 2012
Type: AR2
Pages: 144
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Ferrexpo PLC
Annual Report & Accounts
The report highlights Ferrexpo's performance in 2012, during which the company increased iron ore pellet production from its own ore to 9.4 million tonnes and achieved first ore at the new Yeristovo mine. Despite lower global iron ore prices and industry cost inflation, the company maintained profitability with an EBITDA of US$402 million. In terms of sustainability, Ferrexpo reported zero workplace fatalities for the second consecutive year and improved its lost-time injury frequency rate to 0.66. Additionally, the company invested US$21 million in local community projects and continued to implement its Business Improvement Programme, which reduced production cash costs by US$64.2 million.
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Document Details
Report Year
2012
Reporting Period
Jan 1, 2012 - Dec 31, 2012
Fiscal Year
2012
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Workplace Fatalities
Employees