Ferrexpo Buys Additional Equipment, Signs Contract for Pellet Deliveries
11 March 2008
According to Bloomberg News, Ferrexpo (FXPO LN: N/R) announced it will purchase 16 dump trucks and other equipment worth USD 55 mln. The equipment is scheduled to be delivered in November 2008. Ferrexpo also said it signed a contract for supplies of 1.3 mln mt of pellets over the next three years.
