Companies & Organisations

Ferrexpo Warns of Total Investment Loss and Imminent Insolvency Risk Without $100 Million Fundraise by End of April

Ferrexpo has warned shareholders they risk losing their entire investment unless a $100 million emergency equity raise completes by the end of April, with the war in Ukraine, suspended VAT refunds and a legal claim against its main subsidiary pushing the iron ore producer to the brink of insolvency.