The ferrochrome business remains solid and there is still a large amount of ferrochrome required in the world. Unfortunately, most of the production occurs in ferrochrome plants in China, while South Africa continues exporting chrome ore and moving a l…
Ferrochrome business remains solid, world still requires large amount of it – Glasenberg Read More »
Independent investment management firm Afena Capital has acquired a beneficial interest in ferrochrome producer Merafe Resources and now holds 5.82% of the issued ordinary share capital.
Afena Capital aims to responsibly grow its clients’ wealth by ge…
Afena Capital now holds 5.82% stake in Merafe Read More »
JSE-listed Merafe Resources reports that its attributable ferrochrome production from the Glencore Merafe chrome venture for the six months ended June 30 had decreased by 42% year-on-year. The decrease is as a result of production cutbacks in response …
Merafe’s interim production, earnings decrease Read More »
The European benchmark ferrochrome price for the third quarter of 2020 has been settled at $1.14/lb, a rollover from the second quarter of 2020, JSE-listed Merafe Resources advised shareholders on Monday. This price remains an increase of 12.9% on the …
Third-quarter ferrochrome benchmark price rolls over at $1.14/lb Read More »
The alloys division of Glencore Operations South Africa and Merafe have commenced a consultation process in terms of sections 189 and 189A of the Labour Relations Act (LRA) with employee representatives and recognised trade unions, the JSE-listed Meraf…
Glencore, Merafe begin Section 189 consultation process Read More »
Operations at the Lion ferrochrome smelter and Eastern Chrome mines of the Glencore Merafe Chrome Venture have recommenced, but the Boshoek, Rustenburg, Wonderkop, Lydenburg smelters and Kroondal mine will remain on care and maintenance until the macro…
Lion ferrochrome smelter, Eastern Chrome mines restart – Merafe Read More »
The European benchmark ferrochrome price has been settled at $1.14/lb for the second quarter of 2020, Merafe Resources advised shareholders on Wednesday. This latest European benchmark price is an increase of 12.9% on the $1.01/lb price in the first qu…
Second-quarter ferrochrome price rises to higher level Read More »
Ferrochrome producer Merafe Resources has resolved to restructure and simplify its group structure, which will result in the company holding a 100% interest in Merafe Ferrochrome and Mining (MFM). The restructure is believed to be beneficial from an op…
Merafe starts restructuring to fully own MFM Read More »
A continued deterioration in market conditions, depressed prices and higher electricity tariffs has prompted Samancor Chrome to reduce its chrome ore and ferrochrome production levels for 2020. It has not yet announced the extent of the planned product…
Samancor to cut chrome ore, ferrochrome output Read More »
JSE-listed Merafe Resources on Wednesday advised shareholders that the European benchmark ferrochrome price for the fourth quarter had been settled at $1.02/lb. This represents a decrease of 1.9% on the price of $1.04/lb set for the third quarter of th…
Ferrochrome price set for marginal decline in fourth quarter Read More »
