– SWITZERLAND, Baar – Ferrexpo PLC (LSE:FXPO), as mentioned on 15 June 2017 in the announcement of Mr Simon Lockett’s Board appointment, Ferrexpo now announces that Mr Lockett has succeeded Mr Oliver Baring as Senior Independent Director with effect from 1 September 2017.
Mr Baring will retire from the Board of Ferrexpo on 23 November 2017.
Steve Lucas, Chairman of Ferrexpo, said: “We wish to thank Oliver Baring for his valuable work and advice since he joined the Board in December 2007, as Senior Independent Director and also, for much of that time, as chairman of the Nominations Committee.”
About Ferrexpo PLC
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 3rd largest exporter of pellets to the global steel industry and the largest exporter of pellets from the Former Soviet Union. In 2016, it produced 11.2 million tonnes of pellets reflecting a 2% increase in production of the Group’s highest quality pellets to a record 10.5 million tonnes. 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.
For more information : http://www.ferrexpo.com
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