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About the company: Merafe Resources Ltd [JSE:MRF]

by , 23 June 2015

Ferrochrome producer, Merafe Resources, is involved in a venture that enables it to be the largest ferrochrome producer in the world. The company has a listing on the Johannesburg Stock Exchange…

Full name: Merafe Resources Limited
Short name: Merafe
Ticker: MRF
Sector: Basic mining - resources


Five top facts about Merafe Resources


Fact #1:
Merafe Resources’ main focus is its venture with Glencore Xstrata [JSE:GLN] in the Xstrata-Merafe Chrome Venture. Merafe Resources has a 20.5% participation in the venture.

Fact #2:
Merafe Resources has a listing on the Johannesburg Stock Exchange under ticker MRF. The company listed in 1988.

Fact #3:
The entire Xstrata-Merafe Chrome Venture employs around 6,200 people across its operations.

Fact #4:
The use of ferrochrome is mostly in the production of stainless steel, accounting for around 90% of ferrochrome production.

Fact #5:
Through the Xstrata-Merafe Chrome Venture, Merafe Resources is the lowest cost producer in South Africa. Not only that, through its venture, it’s the largest ferrochrome producer in the world.


Chart of Merafe Resources’ share price


Chart of Merafe Resources' share price


Financial information


For more financial information about Merafe Resources, click here.

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About the company: Merafe Resources Ltd [JSE:MRF]
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