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Ferrexpo PLC, established in 2007, is a prominently recognized iron ore pellet producer whose principal operations and assets are located in Ukraine. As an independent, publicly traded entity, the company is listed under the ticker symbol FXPO on the London Stock Exchange. The core business of Ferrexpo involves the production, development, and marketing of iron ore pellets which are essential raw materials in the metallurgical industry, catering predominantly to the manufacturing of steel.

BHP Group Limited is a global resources company primarily involved in the exploration, production, and processing of minerals. The company operates in the natural resources industry, with significant activities in iron ore, metallurgical coal, and copper mining. BHP's operations are geographically diverse, with major assets located in Australia, North America, and South America. Its headquarters are situated in Melbourne, Australia. The company has a strategic focus on sustainable mining practices and technological innovation to enhance productivity and environmental stewardship. BHP's competitive strengths include its scale of operations, diversified asset portfolio, and strong supply chain network.