Published by Global Banking & Finance Review®
Posted on January 16, 2025
1 min readLast updated: January 27, 2026
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Ferrexpo's Ukraine unit is accused of illegal mining, but operations continue unaffected. The company disputes the claims, calling them without merit.
(Reuters) - Miner Ferrexpo said on Thursday it has noted media reports of accusations made by the prosecutor's office in Ukraine against four senior managers of its unit Ferrexpo Poltava Mining about illegal mining and sale of waste products.
The group, one of the world's third-largest exporter of iron ore pellets, said its operations were unaffected by the legal case, while FPM was of the view the accusations were "without merit".
(Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Krishna Chandra Eluri)
The article discusses accusations against Ferrexpo's Ukraine unit for illegal mining, which the company disputes.
Ferrexpo states that the accusations are without merit and that their operations are unaffected.
Four senior managers of Ferrexpo Poltava Mining are accused.
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