Shares in Ukraine-focused miner Ferrexpo up 8%

Shares in Ukraine-focused miner Ferrexpo up 8%

Shares in Ukraine-focused miner Ferrexpo (FXPO) surged by 8.6% to 56.9p on Monday, July 2, 2025, as investors reacted positively to hopes of peace talks between Ukraine and Russia. The stock gained as much as 9.7% in early trading, reaching 57.5p, before settling at 56.9p by the end of the session [2].

The rally came after U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskiy expressed optimism about White House talks with European leaders paving the way for trilateral negotiations with Russian President Vladimir Putin to end the war in Ukraine [2]. Additionally, Trump assured Zelensky that the U.S. would help guarantee Ukraine's security in any deal to end Russia's war [2].

However, the optimism was tempered by overnight drone strikes by Russia on the central Ukrainian city of Kremenchuk, raising doubts about Russia's willingness to pursue peace [2]. Despite this setback, Ferrexpo's shares continued to rise, reflecting investors' hopes for a resolution to the conflict.

Ferrexpo, a leading European producer and supplier of premium iron ore products, has been significantly affected by the conflict in Ukraine. The company's shares have fallen over 78% since Russia's invasion in February 2022, and the stock is down by approximately 48% year-to-date [2]. The company's operations in Ukraine, particularly its Poltava and Yeristovo mines, have been impacted by the conflict, leading to a 40% sequential decline in production during the second quarter of 2025 [3].

The company's long-term prospects remain tied to the resolution of the conflict and the stability of the Ukrainian economy. Ferrexpo's focus on high-grade iron ore products, which are crucial for the production of green steel, could position it well for future growth, provided the geopolitical situation improves [1].

References:
[1] Ferrexpo - About Ferrexpo [https://www.ferrexpo.com/about-ferrexpo/](https://www.ferrexpo.com/about-ferrexpo/)
[2] Reuters - Ferrexpo shares jump on hopes of Ukraine-Russia peace talks [https://www.tradingview.com/news/reuters.com,2025:newsml_L4N3UB0GD:0-miner-ferrexpo-jumps-on-hopes-of-ukraine-russia-peace-talks/](https://www.tradingview.com/news/reuters.com,2025:newsml_L4N3UB0GD:0-miner-ferrexpo-jumps-on-hopes-of-ukraine-russia-peace-talks/)
[3] Investing.com - Ferrexpo PLC (FXPO) [https://www.investing.com/equities/ferrexpo](https://www.investing.com/equities/ferrexpo)