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Int Ferro Regulatory News (IFL)

Regulatory News for Int Ferro (IFL)

Share Price: 10.25

Bid: 9.75

Ask: 10.75

Change: 0.00 (0.00%)

Spread: 1.00

Spread as %: 10.26%

Open: 10.00

High: 10.50

Low: 10.00

Yesterday’s Close: 10.25

IFL Share News

IFL ShareCast

IFL Regulatory

Operational Update

Fri, 1st Jun 2012 12:58

RNS Number : 6472E

International Ferro Metals Limited

01 June 2012

1 June 2012

International Ferro Metals Limited

("IFL" or the "Company")

Operational Update

IFL is pleased to announce the successful switching in of the two furnaces on 1 June, following the end of the electricity buyback agreement with Eskom.

Under the electricity buyback agreement as previously announced, the Company switched out one furnace on 1 March 2012 and the second furnace on 1 April 2012. Eskom bought back the electricity which would have been consumed by the furnaces, at a rate that resulted in a net financial benefit to the Company. The shutdown of the furnaces did not adversely affect customers.

- 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 / Fiona Micallef-Eynaud

+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

END

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Related Shares: International Ferro Metals Group (IFL).

Date	Source	Headline	Category
07-May-13 16:40	RNS	Second Price Monitoring Extn	Company Announcement - General
07-May-13 16:35	RNS	Price Monitoring Extension	Company Announcement - General
25-Apr-13 07:00	RNS	IMS and Production Report	Results and Trading Reports
19-Apr-13 16:35	RNS	Price Monitoring Extension	Company Announcement - General
09-Apr-13 16:40	RNS	Second Price Monitoring Extn	Company Announcement - General
09-Apr-13 16:35	RNS	Price Monitoring Extension	Company Announcement - General
03-Apr-13 16:35	RNS	Price Monitoring Extension	Company Announcement - General
26-Mar-13 16:40	RNS	Second Price Monitoring Extn	Company Announcement - General
26-Mar-13 16:35	RNS	Price Monitoring Extension	Company Announcement - General
13-Mar-13 09:00	RNS	Agreement with Eskom	Company Announcement - General
04-Mar-13 16:40	RNS	Second Price Monitoring Extn	Company Announcement - General
04-Mar-13 16:35	RNS	Price Monitoring Extension	Company Announcement - General
27-Feb-13 16:40	RNS	Second Price Monitoring Extn	Company Announcement - General
27-Feb-13 16:35	RNS	Price Monitoring Extension	Company Announcement - General
25-Feb-13 07:00	RNS	Interim Results	Results and Trading Reports
24-Jan-13 07:00	RNS	Production Report	Company Announcement - General
11-Jan-13 07:00	RNS	FURNACE UPDATE	Company Announcement - General
10-Jan-13 10:03	RNS	Change of Holdings in the Company	Company Announcement - General
30-Nov-12 10:23	RNS	Trading Update	Results and Trading Reports
21-Nov-12 07:00	RNS	Result of AGM	Results and Trading Reports
21-Nov-12 07:00	RNS	Chairman's Address at the 2012 AGM of Shareholders	Company Announcement - General
29-Oct-12 07:00	RNS	Notice of AGM	Results and Trading Reports
23-Oct-12 07:00	RNS	IMS & Production Report	Company Announcement - General
15-Oct-12 07:04	RNS	Update in relation to Anglo Platinum UG2 supply	Company Announcement - General
17-Sep-12 07:00	RNS	Financial Results for the year to 30 June 2012	Results and Trading Reports
11-Sep-12 07:00	RNS	Production Update	Company Announcement - General
24-Jul-12 07:00	RNS	Production Report	Company Announcement - General
19-Jun-12 07:00	RNS	Extension of Banking Facility	Company Announcement - General
12-Jun-12 16:35	RNS	Price Monitoring Extension	Company Announcement - General
11-Jun-12 16:40	RNS	Second Price Monitoring Extn	Company Announcement - General

Regulatory news is displayed end of day, each day at 19:00.

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