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Ferrexpo shares jump 29% as Ukrainian iron ore production restarts after $100M fundraising

Market News
07 Sep 2026
Proactive Investors
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Bullish
Ferrexpo shares jump 29% as Ukrainian iron ore production restarts after $100M fundraising

Ferrexpo PLC's shares surged 29% to 36.88p after restarting iron ore production at its Ukrainian operations using one pellet line. The restart follows a $100 million fundraising that enabled quick mobilization despite ongoing war-related disruptions. The company plans to focus exports on European customers due to continued Black Sea port attacks. This operational restart is a key step for Ferrexpo, a Swiss-headquartered iron ore producer serving global steelmakers with eco-friendly products.

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