Ferrexpo sells Iron Destiny for $7.7M, extends cash runway amid ongoing war
LONDON: Ferrexpo plc, the London-listed iron ore producer, has agreed to sell its transhipping vessel Iron Destiny for $7.7 million in net cash proceeds and pushed back its projected liquidity deadline to late August 2026, the company announced Monday. The sale of the vessel, which has been largely unusable since the start of the war…