Corporate Governance

IFM is committed to maintaining the highest standards of corporate governance in line with international best practice.

The Company complies with Australian corporate governance requirements applicable to a company which is not listed on the Australian Securities Exchange. The Directors intend, so far as it is possible, to comply with the UK Corporate Governance Code given the Company’s size and the composition of the Board. Tony Grey, Stephen Turner, Stephen Oke and John Ballard are considered independent Non-Executive Directors with Stephen Turner as Senior Independent Director. Xiaoren (Edgar) Yin and Xiaoping Yang (by reason of their connection with major shareholder, JISCO) are not considered independent, but the Board believes they provide a valuable contribution to the Company through their experience in the ferrochrome and steel industries.

Board Charter