Merafe reports 3 % increase in quarterly ferrochrome production

Sandton – Merafe Resources’ attributable ferrochrome production from the Glencore Merafe Chrome Venture for the quarter ended 31 March 2023 marginally increased by approximately 3% to 103,000 tonnes compared to the prior comparative 31 March 2022 period when it produced 100,000 tonnes.
Merafe was incorporated in South Africa with interests in the ferrochrome and chrome industry. The activities of the Group are undertaken through the Company and its principal subsidiaries and joint arrangements. The Group operates in South Africa. Merafe owns 100% of the share capital in Merafe Ferrochrome and Mining (Pty) Ltd. (Merafe Ferrochrome/ MFM) which through a pooling and sharing venture with Glencore Operations South Africa (Pty) Ltd. (GOSA), participates in chrome mining and the beneficiation of chrome ore into ferrochrome.