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Financial Times: Ferrexpo considers expanding out of Ukraine

Aug. 04, 2011 09:23
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Ferrexpo, the Ukraine-based iron ore producer, is considering expanding out of its home country.
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Ferrexpo, the Ukraine-based iron ore producer, is considering expanding out of its home country at a time when booming iron ore prices are flushing its balance sheet with cash. Kostyantin Zhevago, controlling shareholder and chief executive, told the Financial Times: “We are seriously looking at the right price, and the right time, and the right way, to diversify geography and diversify our markets.” Read full report here.
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