IFL.L Regulatory News (IFL)

12 September 2011

International Ferro Metals Limited

("IFL" or the "Company")

 Second furnace roof successfully installed and switched in

Following its Operational Update issued on 8 August 2011, IFL provides the following update to the market regarding its furnace roof upgrade project.

Installation of the second furnace roof was completed successfully and the furnace was switched in on the 2nd of September 2011, on time and within budget. The furnace is expected to ramp up to full load by mid-October. The first furnace, which was switched in on the 30th of July 2011 is now operating at full load. Total annualised nameplate capacity for both furnaces is 265,000 tonnes.

Following the start-up of the furnaces, the Cogen plant was restarted and seven of the 10 engines are currently operational. The engines are operating at 65% of capacity as output from the plant is proportional to the furnace gas supply.

IFL will provide a more detailed update to the market at its Full Year results on Monday 19th September.

- ENDS-

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

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.

Forward Looking Statements

This announcement contains certain forward looking statements which by nature, contain risk and uncertainty because they relate to future events and depend on circumstances that occur in the future. There are a number of factors that could cause actual results or developments to differ materially from those expressed or implied by these forward looking statements.