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Ferrexpo ( (GB:FXPO) ) has issued an update.
Ferrexpo has released its second Climate Change Report, highlighting significant progress in its decarbonization efforts, including emissions reductions and the introduction of the Green Mine Initiative. The report outlines a pathway to low-carbon production by 2050, emphasizing Ferrexpo’s commitment to sustainable development even amid geopolitical challenges such as the war in Ukraine. The initiative includes plans for fleet electrification and automation, aiming to position Ferrexpo as a leader in integrating climate opportunities into its operations and contributing to the green steel value chain.
More about Ferrexpo
Ferrexpo is a Swiss-headquartered iron ore company with assets in Ukraine, listed on the London Stock Exchange under the ticker FXPO. It is part of the FTSE 250 index and specializes in producing high-grade iron ore pellets, which reduce carbon emissions and increase productivity for the global steel industry.
YTD Price Performance: 29.06%
Average Trading Volume: 2,723,857
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £664.5M
For detailed information about FXPO stock, go to TipRanks’ Stock Analysis page.
