International Ferro Metals (IFM) 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.

Further to the Company’s announcement on 25 January 2008, IFL and other South African ferrochrome producers have been granted approval from Eskom to increase electricity consumption to 80% capacity. Accordingly, IFL has increased the operating capacity of its furnaces to this level. The Company has been advised that by late Thursday it will be able to increase its electricity consumption to 90% of capacity.

As any further information becomes available IFL will update the market.

For further information please contact:

International Ferro Metals Limited
Stephen Turner, Managing Director
Mob: +61 418 440 844
www.ifml.com

Brunswick Group
Patrick Handley / Carole Cable
Tel: +44 (0) 20 7404 5959

Numis Securities Limited
James Black / Stuart Skinner
Tel: +44 (0) 20 7260 1000

Notes to editors:
IFL produces ferrochrome, the essential ingredient in stainless steel, from its integrated chromite mine and ferrochrome processing operations in South Africa.

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