Ferrexpo Suspends Ukraine Production Amid Energy Infrastructure Attacks

Ferrexpo plc has temporarily suspended production at its Ukrainian assets due to an unstable electricity supply. The company attributed the power shortages to recent shelling of Ukraine's energy infrastructure, which specifically targeted substations and transmission lines.

While the company stated that its own assets sustained no direct damage, the lack of consistent power made sustaining the production process impossible. Ferrexpo continues to fulfill deliveries to European customers using existing stocks of finished products and intends to resume operations once commercial conditions allow.

This suspension follows a period of significant operational decline. The company's total commercial output of iron ore concentrate and pellets fell by 54% during the first nine months of 2026 compared to the same period in 2025.