Ferrexpo Reported Record Production Volume In November
•In November production volume was the highest in 2009, representing 1% increase q-o-q and 55% growth compared to November 2008. Ferrexpo processed larger amounts of purchased concentrate in November than in other months of 2009. Ferrexpo has produced at full capacity since March. October was positive in terms of production, although the Company processed small amounts of purchased concentrate during the months.
• BBA believes that the production volume will continue to slightly increase, but the growth ill not be significant in long-term. The growth of production volume compared to the previous year was enormous and the Company lacks capacity to increase it even more.
Read more in following reports:
Ferrexpo (FXPO), Ferrexpo (FXPO): Analyst Update 12/08/09
Ferrexpo (FXPO), Comment on FXPO`s Latest Events, Forecast on Growth and Risk 12/07/09
•In November production volume was the highest in 2009, representing 1% increase q-o-q and 55% growth compared to November 2008. Ferrexpo processed larger amounts of purchased concentrate in November than in other months of 2009. Ferrexpo has produced at full capacity since March. October was positive in terms of production, although the Company processed small amounts of purchased concentrate during the months.
• BBA believes that the production volume will continue to slightly increase, but the growth ill not be significant in long-term. The growth of production volume compared to the previous year was enormous and the Company lacks capacity to increase it even more.
Read more in following reports:
Ferrexpo (FXPO), Ferrexpo (FXPO): Analyst Update 12/08/09
Ferrexpo (FXPO), Comment on FXPO`s Latest Events, Forecast on Growth and Risk 12/07/09
