Ferrexpo PLC 2016 AR2
The report highlights Ferrexpo's operational and financial performance for 2016, achieving a record output of premium 65% Fe pellets and record sales volumes of 11.7 million tonnes. The company reduced its C1 cash cost of production by 13% to a ten-year low of US$27.7 per tonne, contributing to a 20% increase in EBITDA to US$375 million. In terms of sustainability, Ferrexpo partially substituted natural gas with sunflower husks in its pelletiser, reducing natural gas consumption by 19% and increasing biogenic CO2 emissions. However, the group regrettably reported two workplace fatalities, and its Lost Time Injury Frequency Rate (LTIFR) increased to 1.17.
Company: Ferrexpo PLC
Sector: Mining & quarrying
Country: Switzerland
Year: 2016
Type: AR2
Pages: 172
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Ferrexpo PLC
Annual Report And Accounts
The report highlights Ferrexpo's operational and financial performance for 2016, achieving a record output of premium 65% Fe pellets and record sales volumes of 11.7 million tonnes. The company reduced its C1 cash cost of production by 13% to a ten-year low of US$27.7 per tonne, contributing to a 20% increase in EBITDA to US$375 million. In terms of sustainability, Ferrexpo partially substituted natural gas with sunflower husks in its pelletiser, reducing natural gas consumption by 19% and increasing biogenic CO2 emissions. However, the group regrettably reported two workplace fatalities, and its Lost Time Injury Frequency Rate (LTIFR) increased to 1.17.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Renewable Energy
Women on Board
Women in Management
Workplace Fatalities
Employees