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Company International Ferro Metals Limited
TIDM IFL
Headline

FURNACE UPDATE

Released 07:00 11-Jan-2013
Number 3367V07

RNS Number : 3367V
International Ferro Metals Limited
11 January 2013
 



 

 

 

 

11 January 2013

International Ferro Metals Limited

("IFL" or the "Company")

FURNACE UPDATE

 

International Ferro Metals provides the following update with regard to its furnaces following the 30 November 2012 announcement in relation to the furnace electrode breaks. The Company can now confirm that the root cause has been addressed and the electrode paste has been completely replaced and operations at both furnaces have returned to normal.

 

The replacement of the electrode paste was completed in late December 2012 and since that time the furnaces have been operating at full load. The Company is confident that the electrode issue has been fully resolved and appropriate action has been taken to prevent it from happening again.  

 

The Company will release its Production Report for the three months to 31 December 2012 on 24 January 2013.

 

 

- ENDS-

 

For further information please visit www.ifml.com or contact:

International Ferro Metals Limited

Chris Jordaan, Chief Executive Officer     

+27 (0) 82 653 1463

Brunswick Group

Carole Cable / Clemmie Raynsford

+44 (0) 20 7404 5959

Numis Securities Limited

James Black / Alastair Stratton / Stuart Skinner

+44 (0) 20 7260 1000

 

About International Ferro Metals:

International Ferro Metals produces ferrochrome, the essential ingredient in stainless steel, from its integrated chromite mine and ferrochrome processing operations in South Africa.  International Ferro Metals is listed on the London Stock Exchange under the symbol IFL.

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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FURNACE UPDATE - RNS