Ferrexpo plc is a United Kingdom-based company that is principally involved in the production and export of iron ore pellets used in producing steel. The Company owns and operates an integrated mining and processing facility, comprising an open cut iron ore mine, concentrating facility and palletizing plant in the city of Komsomolsk. Its operations are fully integrated from the mining of ore through to the production of pellets. All production is converted into pellets through its own facilities. In addition, third-party iron ore concentrate is converted into pellets. The Company’s operating subsidiary, Ferrexpo Poltava Mining (FPM), is located on the Dnieper River in Ukraine, in close proximity to its customers in Central and Eastern Europe.