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Apr 10, 2024 - 01:19
By asia.nikkei.com

Ferrexpo to ship Ukraine iron ore to Japan again within 3 years: chair

TOKYO -- Swiss-headquartered mining group Ferrexpo will resume exporting iron ore pellets to Japan within the next few years, Executive Chair Lucio Genovese said in a recent interview.

Ferrexpo once accounted for as much as 25% of Japanese demand for iron ore pellets, Genovese said. But with Ferrexpo's iron ore operations located in Ukraine, the company halted exports to Japan after Black Sea ports were closed during the war.