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Ferrexpo Halts Operations Due to Power Supply Issues

Ferrexpo has announced a temporary halt in operations due to power supply disruptions in Ukraine.

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The mining group Ferrexpo has announced a suspension of its operations in Ukraine due to issues with power supply. This decision comes in light of recent attacks on the country’s energy system.
According to the company’s press release, the instability in electricity supply has led to the temporary halt of production and the sending of some employees on leave.
"We cannot continue operations until stable electricity supply is restored in the required volumes," the statement reads.
It is also important to note that no employees of the group have been harmed.
Additionally, in November, Ferrexpo had already temporarily halted production at its mining and processing plants due to attacks on the energy sector.