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Replacement of Director

1 Apr 2015 15:31

RNS Number : 2166J
International Ferro Metals Limited
01 April 2015
 

 

 

 

 

 

 

 

1 April 2015

International Ferro Metals Limited

("IFL" or the "Company")

Replacement of Director

 

International Ferro Metals Limited, the integrated ferrochrome producer, announces the resignation of Ms Tian Xia as non-executive director. Ms Xia has been a director of IFL since its listing in 2005, and has made a valuable contribution to the Company over that time. Ms Xia is replaced by Mr Xiaoren Yin as non-executive director, effective 1 April 2015, under the terms of the relationship agreement with JISCO. Mr Yin is also appointed as executive director on the IFMSA board, replacing Mr Xiaoping Yang, who will resign as executive director from the IFMSA board.

 

Mr Yin has been an employee of IFL since 2004, having been previously employed by JISCO for a period of 19 years.

 

Xiaoren Yin has a Bachelor of Mining degree, is a Certified Senior Engineer and holds a Master's degree in metallurgical engineering.

 

Mr Yin has held numerous executive positions during his career, including as a professional engineer, alternative director of the Rock Mechanics Engineering Council of China and Division Chief in JISCO's Mining Administration.

 

The Company takes this opportunity to thank Ms Xia for her service to the Company over the past 10 years, and welcomes Mr Yin to the Board.

 

No information is required to be disclosed pursuant to LR 9.6.13 R.

 

--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 / Charles Pemberton

+44 (0) 20 7404 5959

 

Numis Securities Limited

James Black / John Prior / 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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