Ferrexpo at a glance Distribution and Markets

Established infrastructure

• Rail links to European customers and to port on Black Sea
• Own river port at mine site for pellet transportation by barge
• Own rail wagons which transport two thirds of pellet production to border dispatch points. Target is self-sufficiency to reduce reliance on state-owned rail cars
• Port on Black Sea (48.6% ownership, 100% of capacity)
• Capesize capability: nine capesize vessels of average 173 thousand dwt loaded for first time in 2011. To be expanded in 2012
• Own barges which transport pellets along the Danube/Rhine River corridor (capacity around 1.0mt)