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Ferrexpo ( (GB:FXPO) ) has shared an update.
Ferrexpo announced the resignation of Non-Executive Director Natalie Polischuk due to personal reasons. Polischuk was instrumental as Chair of the HSEC Committee and contributed significantly to the company’s social impact initiatives during challenging times. Fiona MacAulay, another senior independent director, temporarily takes over her committee roles. The company emphasizes maintaining a majority of independent directors and is actively seeking a new director, considering diversity factors.
More about Ferrexpo
Ferrexpo is a Swiss-headquartered company specializing in the production of high-grade iron ore pellets, which are used by the global steel industry. These pellets offer reduced carbon emissions and increased productivity when converted into steel compared to other forms of iron ore. The company, with assets in Ukraine, is listed on the London Stock Exchange and is part of the FTSE 250 index. Before Russia’s invasion of Ukraine in 2022, Ferrexpo was the third-largest exporter of iron ore pellets worldwide.
YTD Price Performance: -13.14%
Average Trading Volume: 2,805,738
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £540.4M
For an in-depth examination of FXPO stock, go to TipRanks’ Stock Analysis page.
