Ferrexpo PLC Shares Surge Amid Ukraine-Russia Ceasefire Talks

On May 12, 2025, shares of Ferrexpo PLC experienced a notable surge, driven by optimism surrounding ceasefire talks between Ukraine and Russia. This development was reported by multiple financial news sources, including investing.com and HL.co.uk, highlighting the market’s positive reaction to geopolitical developments.

Ferrexpo PLC, a Swiss company listed on the London Stock Exchange, specializes in mining, processing, and selling iron ore pellets used in steel production. The company operates an open pit iron ore mine, a concentrator, and a pelletizing plant in Komsomolsk, Poltava region. As of May 8, 2025, Ferrexpo’s shares closed at 62.1 GBP, with a 52-week high of 124 GBP and a low of 38.15 GBP. The company boasts a market capitalization of approximately 38.7 billion GBP.

The surge in Ferrexpo’s shares is attributed to the potential stabilization of the region, which could positively impact the company’s operations and supply chain. The ceasefire talks between Ukraine and Russia are seen as a critical step towards reducing geopolitical tensions, which have previously affected the mining sector in Eastern Europe.

In related financial news, London stocks initially surged following a temporary trade deal between the US and China, where both countries agreed to significantly lower tariffs for 90 days. However, these gains were short-lived, with the FTSE 100 eventually rising by 0.2% at 8,572.58. The US agreed to reduce tariffs on Chinese goods from 145% to 30%, while China lowered its duties from 125% to 10%. This development was seen as a positive step towards more balanced trade between the two largest economies.

Overall, the market’s response to the Ukraine-Russia ceasefire talks and the US-China trade deal underscores the sensitivity of global markets to geopolitical and trade developments. For Ferrexpo PLC, the ceasefire talks present an opportunity for potential growth and stability in its operations.