Insight
Ferrexpo acquires $80 million stake in Brazil's Ferrous Resources
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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 Esperança, Ferrous Resources' only currently producing assets, and thus we believe the deal...
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:
- Ferrexpo acquires $80 million stake in Brazil's Ferrous Resources: Table 1
- Detail map
- Marketable reserves 01/01/2013
- Marketable production - Ferrous Resources
- 2013 Global cost curve - all production
- Ferrexpo acquires $80 million stake in Brazil's Ferrous Resources: Table 3
- Ferrexpo acquires $80 million stake in Brazil's Ferrous Resources: Table 4
What's included
This report contains:
