– SWITZERLAND, Baar – Ferrexpo (LSE:FXPO), announces that Sir Malcolm Field has been appointed as an independent non-executive director, with immediate effect.
Michael Abrahams, Chairman of Ferrexpo, said: “I am very pleased to welcome Sir Malcolm to the Ferrexpo Board. He brings extensive experience gained over many years in the private and public sectors in Britain and abroad. I look forward to the valuable contribution that I am sure Sir Malcolm will make”.
Sir Malcolm has extensive executive and non-executive experience in organisations including WH Smith, MEPC, The Civil Aviation Authority, HMSO and Odgers Berndtson. He is currently a non-executive director of Hochschild Mining PLC and was a non-executive director of Petropavlovsk PLC from 2003 to 2015.
Ferrexpo is a Swiss headquartered iron ore company with assets in Ukraine. It has been mining, processing and selling high quality iron ore pellets to the global steel industry for 40 years. Ferrexpo’s resource base is one of the largest iron ore deposits in the world. The Group is currently the third largest supplier of pellets to the global steel industry and the largest exporter of pellets from the CIS. In 2015, it produced a record 11.7 million tonnes of pellets, a 6% increase compared to 2014. Ferrexpo has a diversified customer base supplying steel mills in Austria, Slovakia, the Czech Republic, Germany and other European states, as well as in China, India, Japan, Taiwan and South Korea. Ferrexpo is listed on the main market of the London Stock Exchange under the ticker FXPO.
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