Jim North, Interim CEO at Ferrexpo plc, said: "We are pleased to announce this latest development in our ongoing collaboration with Metso Outotec, which will help us realise further growth at our production base in Ukraine. Through our continued focus on investing in our pelletiser, we are deploying modern, energy-efficient technologies that will help us achieve greater volumes of our high-grade iron ore pellets, which are helping to facilitate decarbonisation in the global steel industry."