Merafe produces 40kt ferrochrome from Chrome Venture in Q3 2023
Sandton – Merafe’s attributable ferrochrome production from the Glencore Merafe Chrome Venture in the third quarter ended 30 September 2023
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Glencore-Merafe Chrome Venture
Merafe reports on FeCr markets, achieved profit of R1 049 million
Global stainless steel production decreased by 2%1 year-on-year during H1 2023 as growth in China and India was more than
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Only Lion Smelter to operate during high electricity demand season
Merafe’s attributable ferrochrome production decreased by 9% from 203kt to 185kt for the six months ended 30 June 2023. The
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Merafe increases its ferrochrome production to 384kt in 2022
In its Commentary on results, Merafe Resources say that 2022 has been characterised by a number of uncertainties. The Russia/Ukraine
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Ferrochrome price announcement for the first quarter of 2023
Merafe Resources has advised that the European benchmark ferrochrome price for the first quarter of 2023 has been settled at
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Glencore Merafe Chrome Venture produces 3.1% less ferrochrome
Merafe’s attributable ferrochrome production from the Glencore Merafe Chrome Venture for the quarter ended 31 March 2022 marginally decreased by
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Merafe announces rise in ferrochrome price for Q2-2022
SANDTON – Merafe Resources has advised that the European benchmark ferrochrome price for the second quarter of 2022 has been
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Merafe Resources reports robust demand for ferrochrome in 2021
2021 has been a year of recovery for the Glencore Merafe Pooling and Sharing Venture (“Venture”), both from a financial
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Merafe and Glencore to construct a new PGM production plant
Merafe Resources and Glencore Operations South Africa have reached an agreement to contribute to the JV a new Platinum Group
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Merafe ferrochrome production increases by 42.7% YoY
Merafe’s attributable ferrochrome production from the Glencore Merafe Chrome Venture in the fourth quarter and year ended 31 December 2021
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MERAFE: State of ferrochrome market
Growth in global stainless steel melt rates reached a decade high in the first half of 2021 (“H1 2021”) as
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Rustenburg ferrochrome furnace 5 will resume operations in Q3 2021
Merafe Resources says the Lydenburg smelter remains on care and maintenance for the foreseeable future, however Rustenburg furnace 5 will
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Merafe reports 66% increase in ferrochrome production to 199kt
Merafe achieved solid operational and financial results for the first half of 2021. Merafe recorded a profit after tax of
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Chrome venture’s ferrochrome production increases by 65.6%
Merafe’s attributable ferrochrome production from the Glencore Merafe Chrome Venture for the six months ended 30 June 2021 increased by
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MERAFE: Ferrochrome price announcement for Q3 2021
Merafe Resources has advised that the European benchmark ferrochrome price for the third quarter of 2021 has been settled at
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Merafe Resources produces 3% more ferrochrome
Merafe’s attributable ferrochrome production from the Glencore Merafe Chrome Venture for the quarter ended 31 March 2021 increased by 3%
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Ferrochrome production decreased 11.2% year-on-year
According to Merafe Resources, South African ferrochrome production decreased by 25% year-on-year in 2020. Production was most heavily impacted in
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Electricity remains key risk for ferrochrome smelters
Electricity supply and pricing remain key risks for our business and the broader ferro alloy sectors. The electricity tariff increased
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Glencore Alloys explores cogeneration and clean energy projects
Glencore’s ferrochrome business confirmed that it is exploring cogeneration projects at its South African sites, while also giving an indication
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Merafe Resources’ ferrochrome production decreases by 8%
SANDTON – In its production report for the quarter and year ended 31 December 2020, Merafe Resources says its attributable
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Ferrochrome price announcement for the first quarter of 2021
The European benchmark ferrochrome price for the first quarter of 2021 has been settled at 117.5 US cents per pound,
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Merafe: All FeCr smelters, except for Lydenburg, are operating
In its production report for the nine months ended 30 September 2020, Merafe Resources say its attributable ferrochrome production from
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Merafe Resources announces ferrochrome price for Q4-2020
In its ferrochrome price announcement for the fourth quarter of 2020, Merafe Resources has advised that the European benchmark ferrochrome
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Lydenburg ferrochrome smelter placed on care and maintenance
Merafe Resources have reported a loss after tax for the first half of 2020 due to not only reduced volumes
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