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Ferrexpo secures $100M emergency fundraising to prevent cash shortage. The iron ore miner obtained investor backing to fund operations through end of October.
Amount Raised
$100 Million
Round Type
Venture
UkraineMiningMining TechnologyDescription
Ferrexpo, a London-listed iron ore miner, has secured $100 million in emergency funding from investors to prevent running out of cash. The company reported pre-tax losses of $11 million for the first half of 2026, though this is an improvement from losses of $186.9 million a year earlier. Ferrexpo's cash position had shrunk to approximately $30 million by end of June due to VAT refunds being withheld by Ukraine's tax authorities amid sanctions. The emergency funding will enable the company to continue operations and avoid cash depletion by end of October.
Fundz sees it the moment Ferrexpo raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Ferrexpo raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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