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Article: International Ferro Metals constrained.
- Article from:
- Investors Chronicle - magazine and web content
- Article date:
- March 4, 2008
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International Ferro Metals suffers constraints to production ramp-up. Martin Li
South African-based ferrochrome miner International Ferro Metals has been trying to improve its operational facilities. The company produced 93,317 tonnes of ferrochrome in the half year despite suffering disruptions due to furnace failure and interrupted power, and transport logistics that prevented the shipping of stock at the period end.
Full operating capacity was restored by the period end and the company is reviewing ways of increasing capacity to 665,000 tonnes a year to exploit high current prices. Ferrochrome demand remains strong, driven not least by the continuing ...