International Briquettes Holding is a world-class company that groups companies
engaged in the production of briquettes to be used as raw material for steel
mills. Its main clients are U.S. and European companies. IBH is consolidated
with Venprecar, whose plant has an installed capacity of 815,000 MT per year,
and since November 2004, it is also consolidated with Orinoco Iron, Operaciones
RDI (former Fior plant) and Brifer, which latter company holds the intellectual
property rights to the FINMET® technology.