HomeHome SearchSearch MenuMenu Our productsOur products

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.

*********** New release ************

The Fast-track Millionaire Snowball Effect...

Imagine how it would feel to save R1,000 on your medical aid while everyone else is forking out thousands…

...Or owning your first property while others your age are struggling to make ends meet  

...Or saving R2,640 every month you didn’t even know you had

...Or knowing how never to pay full price for anything ever again.

Find out how YOU can become part of this snowball effect...


About the company: Merafe Resources Ltd [JSE:MRF]
Rate this article    
Note: 5 of 1 vote

Related articles

Related articles

Trending Topics