Ferrexpo secures emergency funding after loss-making half-year
Summarised from 2 outlets · Updated 25 Sept, 10:33 · Archive
Iron ore pellet producer Ferrexpo secured investor support for a $100m emergency fundraising to avert cash shortfall.
Iron ore pellet producer Ferrexpo has secured investor support for a $100m emergency fundraising after an exceptionally difficult half-year left the group loss-making and at risk of running out of cash.
How it is being reported
- Ferrexpo remains loss-making after ‘exceptionally difficult’ half-yearEvening Standard · 25 Sept, 08:13
- Ferrexpo remains loss-making after ‘exceptionally difficult’ half-yearIndependent Business · 25 Sept, 08:13
In this story: Ferrexpo
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