About Us

International Ferro Metals (IFM) is an integrated ferrochrome producer listed on the London Stock Exchange (LSE:IFL).

The Company’s mission is to develop and operate sustainable, profitable and efficient mining and mineral processing operations, with the emphasis being on the production of mineral products for the international steel industry. In the process, the Company strives to utilise ethically, environmentally and socially responsible methods.

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, 100kms north-west of Johannesburg, South Africa.

The Company is currently developing the nearby Sky Chrome deposit in which it holds an 80% interest and which will allow the Company to significantly increase run-of-mine production.

The total operating capacity of IFM is approximately 265,000 tonnes of ferrochrome per annum. In 2008, IFM embarked on the second phase expansion feasibility study to produce 660,000 tonnes of ferrochrome per annum. IFM has updated the feasibility study for alloy expansion of some 250,000 tonnes per annum which was completed in September 2011. The expansion is planned to coincide with the expected power supply increase from Eskom and when market conditions allow.

IFM has a strategic relationship with its major shareholder JISCO, which provides an off-take agreement for its product. The Company has a further off-take agreement with CMC Cometals, a New York listed metals trader. The balance of our product is sold through the spot market.

The Company continues to evaluate the various corporate opportunities that exist to take advantage of the Company’s position and commercial relationships in the ferroalloys industry. These opportunities may include expansion beyond the ferrochrome market.