International Ferro Metals (IFM) is an integrated ferrochrome producer listed on the London Stock Exchange (LSE:IFL).
IFM produces ferrochrome (an essential ingredient in stainless steel production) from chromite ore located in the Bushveld Igneous Complex, one of the world’s richest mineral repositories and largest ferrochrome producing regions in the world. IFM’s Lesedi chromite mine and integrated beneficiation and smelting operations are situated at Buffelsfontein, 100km north-west of Johannesburg, South Africa. IFM’s nameplate capacity is 267,000 tonnes of ferrochrome per annum.
IFM’s integrated chromite production facilities use the latest technology ensuring that its product is of international quality and the Company aims to be a low cost producer.
IFM moved from the Alternative Investment Market (AIM) to the Main Board of the London Stock Exchange on 31 August 2007. The Directors believe that IFM is well positioned to take advantage of the Company’s position and commercial relationships in the ferroalloys industry. These opportunities may include expansion beyond the ferrochrome market.