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IFM increases FeCr output by 59%

April 24, 2014 - 12:06 GMT Location: London

KEYWORDS: stainless steel recovery , ferro-chrome benchmark

International Ferro Metals (IFM) increased its ferro-chrome production by 59% year-on-year in the three months to March 31 2014.

The London-listed miner, which operates ferro-chrome and chrome ore projects in South Africa, produced 54,329 tonnes of ferro-chrome during the quarter, it said. The figure also represented a fall of 7% on the previous quarter, due to lower metal recovery from slag processing and power cuts by South African state energy group Eskom. IFM’s UG2 chrome ore feed from Anglo Platinum was reduced to 18,000 tonnes...

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