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UK's Ferrexpo soars after US-Ukraine minerals deal

ReutersMay 1, 2025 1:53 PM

Shares in Ukraine-focused miner Ferrexpo FXPO.L jump 20% to 70.7 pence

Top gainer on the FTSE mid cap index .FTMC, which is up 0.8%

Stock on track to post its best day since February 6, if gains hold

Ukraine and U.S. sign deal, which will give U.S. preferential access to new Ukrainian minerals deals and fund investment in Ukraine's reconstruction

Including session's gain, stock down 33.5% YTD

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