Insight

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

Loading current market price

Get this report

Loading current market price

Get this report as part of a subscription

Enquire about Subscriptions

Already have subscription? Sign In

Further information

Pay by Invoice or Credit Card FAQs

Contact us

For further information about this report submit the form below.

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

No table of contents specified

Tables and charts

This report includes 7 images and tables including:

Images

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

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

Questions about this report?

  • Europe:
    +44 131 243 4699
  • Americas:
    +1 713 470 1900
  • Asia Pacific:
    +61 2 8224 8898