Ferrexpo suspends production due to damage to Ukraine's energy infrastructure

Ferrexpo, a Ukrainian iron ore producer, said it had suspended production at its iron ore pellet plant in central Ukraine after a Russian missile attack damaged the country's energy infrastructure and no employees were injured in the attack. In the energy supply of Ukraine, priority was given to infrastructure services and power supply to local civilian facilities.

The company says its current inventory can meet expected sales if logistics recover. Meanwhile, the company is assessing the damage to the energy infrastructure.