Ferrexpo shares gained 1.1% to 144.5p in early morning trading on Wednesday, despite a revenue decline of 31% to $936 million in HY1 2022 against $1.3 billion last year, as a result of lower production and tighter market conditions. The Ukraine-focused company confirmed a 14% drop in pellet production to 4.8 million tonnes, with the […]

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The FTSE 250 was up 0.5% to 21,192.2 and the AIM was flat at 1,056.7 in late morning trading on Thursday. Ibstock shares were up 9.5% to 182.2p after the group announced a Q1 2022 performance ahead of management expectations despite climbing inflation, with strong demand across all its end markets. “Brickmaker Ibstock is plagued […]

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Swiss-based commodity trading and mining firm Ferrexpo Plc (LON: FXPO) has seen its share price rally on Friday morning, following their announcement of an expected increase in first half earnings. The Company released a more positive update than another mining group on Wednesday and said that it expected its H1 earnings to increase ‘materially’ on-year. […]

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