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international fer-unspon adr (ITFMY) Snapshot

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international fer-unspon adr (ITFMY) Details

International Ferro Metals Limited operates as an integrated ferrochrome producer company. It is involved in mining and processing chromite; and producing and selling ferrochrome that is used in the production of stainless steel. The company owns Lesedi chromite mines located in Buffelsfontein, South Africa; and holds an 80% interest in the Sky Chrome deposit. It operates in China, Europe, South Africa, South Korea, India, Taiwan, and the United States. International Ferro Metals Limited is headquartered in Sydney, Australia.

international fer-unspon adr (ITFMY) Top Compensated Officers

Chief Executive Officer, Director, Member of ...
Total Annual Compensation: R4.9M
Chief Financial Officer, Finance Director, Ex...
Total Annual Compensation: R3.5M
General Manager of Operations and Member of S...
Total Annual Compensation: R1.8M
Member of Treasury Committee and Chief Financ...
Total Annual Compensation: R3.5M
General Manager of Mining and Member of Safet...
Total Annual Compensation: R2.1M
Compensation as of Fiscal Year 2014.

international fer-unspon adr (ITFMY) Key Developments

International Ferro Metals Limited Announces Resignation of Terence Willsteed as Non-Executive Director

International Ferro Metals Limited announced the resignation of Mr. Terence Willsteed as non-executive director.

International Ferro Metals Limited Reports Production Results for the Third Quarter Ended March 31, 2015

International Ferro Metals Limited reported production results for the third quarter ended March 31, 2015. For the period, the company reported FeCr production of 49,085t marginally down on the previous quarter, driven by lower metal recovery from slag processing. Lesedi underground mine produced 45,774t RoM, up 31% on 34,839t in the previous quarter. Rooderand mine produced 22,495t RoM, up from 8,392t in the previous quarter. Co-generation plant modifications postponed due to capital expenditure rationing. Works expected to recommence in September 2015. FeCr inventory of 8,658t at March 31, 2015, down 21% from the previous quarter. Zero fatality track record maintained; continued improvement in overall safety performance to lowest level in the Company's history. Ferrochrome sales of 51,412 tons, down 3.9% on the previous quarter to 53,517 tons. Cash from operations (before working capital changes) utilized ZAR 16 million.

International Ferro Metals Limited, Q3 2015 Operating Results Call, Apr 23, 2015

International Ferro Metals Limited, Q3 2015 Operating Results Call, Apr 23, 2015

 

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