Ferrochrome Production Drops for IFL

BusinessReport reported that International Ferro Metals (LSE:IFL) achieved 15% lower ferrochrome production volume from July-December 2011 than during the same period the previous year.

As quoted in the market news:

The lower production volumes resulted in a loss before tax of ZAR139 million, compared with a loss of ZAR160 million for the comparative period and a loss of ZAR54 million in the previous half.

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