International Ferro Metals aims to be one of the world's low cost ferrochrome producers through the use of latest mining technology and integrated mine and processing plants. Ferro chrome is an essential ingredient in stainless steel production. On average 18% of stainless steel is chrome.
The IFL chromite mine and adjoining ferrochrome processing operations are situated at Buffelsfontein in South Africa's Bushveld complex, 100 kilometres north-west of Johannesburg. SRK advise that IFL's production costs fall within the lowest quartile of all ferrochrome producers.
The Company intends to expand its current operations with the construction of three additional 66MVA furnaces and ancillary plant. IFL's production capacity is expected to increase by 150 per cent. to 665,000 tpa.
25/04/12
IMS & Production Report21/03/12
Price Monitoring Extension21/03/12
Second Price Monitoring Extn16/03/12
Price Monitoring Extension16/03/12
Second Price Monitoring Extn14/03/12
Price Monitoring Extension01/03/12
Agreement with Eskom20/02/12
Interim Financial Results09/02/12
Site Visit and Notice of Results24/01/12
Production Report25/04/12
International Ferro Metals moves back into profit in March, sees higher prices in Q224/01/12
International Ferro Metals ferrochrome production jumps 71pct28/06/11
International Ferro Metals stays on track with plant upgrade26/02/10
Fairfax ups International Ferro Metals target, says company has expansion and takeover potential17/02/10
International Ferro Metals to extract chrome from Anglo Platinum’s tailings at Rustenburg26/01/09
International Ferro Metals sees interim pretax loss due to ferrochrome price25/11/08
International Ferro Metals Suspends Ferrochrome Production Due to Falling Demand12/11/08
International Ferro Metals plans to cut production, delay expansion plans until outlook becomes c14/11/07
International Ferro Metals sees margins squeezed
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