Insight

Ferrexpo acquires $80 million stake in Brazil's Ferrous Resources

This report is currently unavailable

This report is currently unavailable

Get this Insight as part of a subscription

Enquire about subscriptions

Already have a subscription? Sign In

Further information

Pay by Invoice or Credit Card FAQs

Contact us

Submit your details to receive further information about this report.

For details on how your data is used and stored, see our Privacy Notice.
 

Report summary

Ukrainian miner Ferrexpo announced on 18 September that it had acquired a partial interest in Brazilian iron producer Ferrous Resources for a total consideration of US$80 million. The deal includes a 14.4% stake in Ferrous' active mining operations, development projects, reserves and resources. The purchase price is nearly in line with our valuation of US$78.6 million for 14.4% interest in Viga and Esperan├ža, Ferrous Resources' only currently producing assets, and thus we believe the deal...

What's included

This report contains

  • Document

    Ferrexpo acquires $80 million stake in Brazil's Ferrous Resources

    PDF 530.09 KB

Table of contents

  • Executive summary
  • Deal summary
  • Location map
  • Iron ore assets
  • Deal analysis
  • Upside & risks
  • Strategic Rationale
  • Economic Assumptions

Tables and charts

This report includes 7 images and tables including:

Tables

  • Ferrexpo acquires $80 million stake in Brazil's Ferrous Resources: Table 1
  • Marketable reserves 01/01/2013
  • Ferrexpo acquires $80 million stake in Brazil's Ferrous Resources: Table 3
  • Ferrexpo acquires $80 million stake in Brazil's Ferrous Resources: Table 4

Images

  • Detail map
  • Marketable production - Ferrous Resources
  • 2013 Global cost curve - all production

You may be interested in

Questions about this report?

  • Europe:
    +44 131 243 4400
  • Americas:
    +1 713 470 1600
  • Asia Pacific:
    +65 6518 0800