27 Aug 2015 10:21
International Ferro Metals Limited - Trading UpdateInternational Ferro Metals Limited - Trading Update
PR Newswire
London, August 27
27 August 2015
International Ferro Metals Limited
(“IFL” or the “Company”)
Trading update
Further to the announcement released by the Company yesterday, IFL announces that its South African subsidiary, International Ferro Metals (SA) (Pty) Limited, has shut down its furnaces and all mining operations, with the aim of significantly reducing its expenses.
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For further information please visit www.ifml.com or contact:
| International Ferro Metals Limited | Tel: +27 14 574 6302 |
Chris Jordaan, Chief Executive Officer
| Numis Securities Limited | Tel: +44 (0) 20 7260 1000 |
James Black / John Prior / Paul Gillam
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.