52 Week Range
As of on the Johannesburg Stock Exchange ∙ Minimum 15 minute delay
3M AVG Volume
52 Week High
52 Week Low
Shares Out (MIL)
Market Cap (MIL)
Dividend (Yield %)
Merafe Resources Says Attributable Ferrochrome Production From Glencore Merafe Chrome Venture In Q3 Is 77KT
Merafe Resources Says PSG Holds 4.95% Of Issued Ordinary Share Capital Of Co
Merafe Resources Attributable Ferrochrome Production From Glencore Merafe Chrome Venture For Qtr Up 3%
Merafe Resources Limited (Merafe), through its subsidiary, Merafe Ferrochrome and Mining Proprietary Limited (Merafe Ferrochrome) and through a pooling and sharing Venture with Glencore Operations South Africa Proprietary Limited (Glencore), participates in chrome mining and the beneficiation of chrome ore into ferrochrome. The Glencore-Merafe Chrome Venture (the Venture) operates five ferrochrome smelters, over 20 ferrochrome furnaces and eight mines, situated in the North-West, Limpopo and Mpumalanga provinces of South Africa. Merafe Ferrochrome holds interest in Wonderkop smelter, Boshoek smelter, Lion I smelter and Lion II smelter. Merafe Ferrochrome holds interest in Boshoek mine, Kroondal and Wonderkop mine, Helena mine and Magareng mine. Merafe Ferrochrome holds interest in Impala Kanana UG2 plant, Lonmin UG2 plants, Mototolo UG2 plant, Bokamoso pelletizing plant, Motswedi pelletizing plant and Tswelopele pelletizing plant.
Iron & Steel
1st Floor, Block B
Sandton Place, 68 Wierda Road East, Wier
Independent Non-Executive Chairman of the Board
Zanele Joyce Matlala
Chief Executive Officer, Executive Director
Finance Director, Executive Director
William R. Somerville
Price To Earnings (TTM)
Price To Sales (TTM)
Price To Book (MRQ)
Price To Cash Flow (TTM)
Total Debt To Equity (MRQ)
LT Debt To Equity (MRQ)
Return on Investment (TTM)
Return on Equity (TTM)
* Tax intended to boost struggling domestic ferrochrome industry
* CONSULTATION WITH EMPLOYEE REPRESENTATIVES AND RECOGNISED TRADE UNIONS REGARDING PROCESS IS UNDERWAY
* MERAFE RESOURCES LTD - SUBSIDIARY CONCLUDED A SALE AGREEMENT WITH GLENCORE
* JSE: MRF - MERAFE’S POSITION REGARDING THE COMMENCEMENT OF OPERATIONS
* MERAFE RESOURCES LTD - DETERMINATION OF EUROPEAN BENCHMARK FERROCHROME PRICE FOR Q2 OF 2020 HAS NOT BEEN FINALIZED AND IS STILL UNDER REVIEW.
Glencore's <GLEN.L> chrome joint venture in South Africa with Merafe Resources <MRFJ.J> has declared force majeure on qualifying contracts after a nationwide lockdown forced operations to shut, a Merafe executive said.
Glencore's joint venture in South Africa with Merafe Resources has declared force majeure on qualifying contracts after a nationwide lockdown forced operations to shut, a Merafe executive said.
* PRODUCTION REPORT FOR THE FOURTH QUARTER ENDED 31 DECEMBER 2019
Joint venture partners Glencore and Merafe Resources could cut up to 665 jobs at their Rustenburg ferrochrome smelter in South Africa because of problems including power cuts and rising electricity tariffs.
* CONSULTATION PROCESS IN TERMS OF SECTIONS 189 AND 189A OF THE LRA: RUSTENBURG SMELTER NW PROVINCE SOUTH AFRICA
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.