Merafe reports lower production in Q3 in line with cutbacks

JSE-listed Merafe Resources’ attributable ferrochrome production from the Glencore-Merafe Chrome Venture for the third quarter ended September 30 was 60 000 t, 29% lower than the 84 000 t produced in the third quarter of 2018.

The company on Monday attributed the lower production to increased planned maintenance, increased community unrest and production cutbacks in response to market conditions during the third quarter.