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Ferrexpo Raises $100 Million to Bolster Liquidity Position, Continue Operations

MT Newswires·09/04/2026 02:38:42
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02:38 AM EDT, 09/04/2026 (MT Newswires) -- Ferrexpo (FXPO.L) raised gross proceeds of $100 million through a placing and subscription of 448,848,484 new ordinary shares at 0.165 pound sterling apiece. The iron ore pellets producer will use the net proceeds to bolster its liquidity position and resume and continue production operations in Ukraine, according to a Friday release.