Globaltrans Investment PLC announces that the Group has extended its service contract with Metalloinvest, a leading global producer and supplier of HBI and iron ore products, for a two-year period. Under the contract, which comes into effect on 1 January 2022, Globaltrans will provide around 70% of Metalloinvest's freight rail needs, up from 50% in the 2021 period. As with the previous agreement, the commercial terms are subject to revision no more than quarterly. Globaltrans continues to maintain its successful strategy of long-term client partnerships and now has service contracts with six leading businesses which together generated around 63% of the Group's Net Revenue from Operation of Rolling Stock in the first six months of 2021.