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Ferrexpo has posted a heavy slump in profits after the Ukraine-focused miner took a hit from higher costs and lower production volumes.
Ferrexpo produces iron ore pellets.
'For Ferrexpo, the year 2022 will be defined not only by the events since 24 February 2022, but also by the resilience and commitment of our workforce and communities across Ukraine throughout Russia's invasion.
FTSE-250 listed Ferrexpo said its lower revenues were triggered by the war in Ukraine and 'operational and logistics constraints imposed as a result.'