Ferrexpo plc, a mining and iron ore company with major assets in Ukraine, has temporarily halted exports of iron ore products due to electricity supply disruptions caused by Russian attacks on Ukraine’s energy infrastructure.
“Ferrexpo plc regrets to announce that following the attacks on Ukraine’s energy infrastructure early on Saturday morning, November 8, 2025, electricity supply to its operations was disrupted, resulting in the suspension of production and exports,” the company said in a Monday press release, reports Intefax Ukraine.
No casualties or injuries have been reported.
According to the press release, there has been an increase in the frequency and intensity of attacks targeting Ukraine’s energy production and transmission infrastructure in recent months. Early on Saturday, November 8, missiles struck energy transmission targets in Horishni Plavni — the mining town where Ferrexpo is located — as well as in the larger nearby industrial city of Kremenchuk.
Following the attacks, electricity supply to Horishni Plavni was cut off, and operations at the group’s subsidiaries — Ferrexpo Poltava Mining (Poltava GOK) and Ferrexpo Yeristovo Mining (Yeristovo GOK) — were suspended.
The company noted that it had previously created reserves of intermediate and finished iron ore products on-site and elsewhere to minimize disruptions to the production cycle and exports.
Over the weekend, limited electricity supply was restored to both Poltava GOK and Yeristovo GOK, allowing part of the processing plant to resume operations. Efforts to fully restore power and production capacities are ongoing.
Ferrexpo fully owns Yeristovo GOK, 99.9% of Bilanivsky GOK, and 100% of Poltava GOK.
