Merafe Ferrochrome remains buoyant GT247 (Pty) Ltd t/a GT247 is a subsidiary and a juristic representative of Purple Group Limited, an authorised Financial Services Provider by the Financial Sector Conduct Authority (FSCA) of South Africa, FSP License No. 46315.
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1. Nature of business. The company, through its wholly owned subsidiary, Merafe Chrome and Alloys (Pty) Ltd (Merafe Chrome), holds share capital of its ultimate subsidiary, Merafe Ferrochrome and Mining (Pty) Ltd (Merafe Ferrochrome) which through a pooling and sharing venture with Glencore Operations South Africa . Get Price And Support Online
Find Ferrochrome Producers in South Africa on saYellow HERNIC FERROCHROME (PTY) LTD. the main focus of our business is on the 20. 5% participation of our wholly owned subsidiary, Merafe Ferrochrome and Mining Proprietary Limited, in the FERROCHROME PRODUCERS . SANDTON, GREATER JOHANNESBURG, GAUTENG, ZA
Review of results Merafe?s revenue and operating income is primarily generated from the Venture, previously known as the Xstrata Merafe Chrome Venture, which is one of the global market leaders in ferrochrome production, with a total installed capacity of 1.98m tonnes of ferrochrome per annum. Merafe shares in 20.5% of the earnings before
Merafe Resources engages in the production and marketing of ferrochrome to the stainless steel industry through the Xstrata Merafe Chrome Venture. It operates through its subsidiaries, Merafe Ferrochrome and Mining (Proprietary) and through a pooling and sharing venture with Xstrata, participates in chrome mining and the benefic
We are listed on the JSE Limited in the General Mining sector under the share code MRF. Currently, the main focus of our business is on the 20.5% participation of our wholly owned subsidiary, Merafe Ferrochrome and Mining Proprietary Limited, in the earnings before tax, depreciation and amortisation (EBITDA) of the Glencore Merafe Chrome Venture (the Venture), in which Glencore has a 79.5%
MERAFE FERROCHROME AND MINING (PTY) LTD. Johannesburg, Gauteng, ZA. Unlock information on related companies. Get in Touch with 3 Contacts. A DB Hoovers Subscription is your foot in the door to IVANPLATS (PTY) LTD contact information. MARK SEAN FARREN. Director. KHULU ZEPHANIA MBATHA. Director.
The ferrochrome producer reported an impressive rise in earnings and production over the period. Investors greeted the news well, with Merafe's share price rallying strongly on the news. Let's take a closer look at what Merafe revealed Merafe boosts earnings 134% Merafes headline earnings per sha more [12 August 2014]
hernic ferrochrome (pty) ltd The sprawling operations of Hernic Ferrochrome are located just fifty kilometres outside of Johannesburg. The impressive sight includes the largest furnace in the world and enables Hernic to produce 420 000 mt of ferrochrome annually.
The refurbishment activities largely focused on the more efficient Premus furnaces, resulting in lower efficiencies and increased production costs, the miner said in a statement here. Merafe, which operates a joint venture with London listed Xstrata, said it had achieved an 8% increase in the benchmark ferrochrome price to US$1.35 per
SOUTH AFRICA'S FERRO ALLOYS INDUSTRY PRESENT STATUS AND FUTURE OUTLOOK Basson, J., Curr, T.R.1 and Gericke, W. A.2 Outokumpu Technology (Pty) Ltd, PO Box 4197, Halfway House 1685, South Africa 1Mintek, Private Bag X3015, Randburg 2125, South Africa Merafe Boshoek 2x60MVA closed AC Primary ChCr 230 000.
Ferrochrome Waking Up From An Eight Year Nightmare. 16th December 2016 by Lara Smith Merafe published its European ferrochrome benchmark for 1Q17 at $1.65/lb, up from $1.10 in the fourth quarter. These higher prices loook like theyve been accepted by consumers, in particular, the Chinese stainless steelmakers. Core Consultants Pty Ltd
On 8 September 2005, the Competition Tribunal issued a Merger Clearance Certificate approving the transaction between Merafe Ferrochrome and Mining (Pty) Ltd, Xstrata South Africa (Pty) Ltd, the Xstrata Samancor Production Joint Venture and Samancor Ltd The reasons for this decision follow. The Transaction
Positive prices buoying ferrochrome business Merafe. Cost containment and cost reduction are the major pursuits of both the Glencore Merafe Chrome Venture and the Merafe head office, where corporate costs fell to R30.2 million in 2016 compared with 8 strategies for reclaiming efficiency and lowering costs
Merafe Resources Says European Benchmark Ferrochrome Price Settled At 112 Cents/Pound For Q1 2019 Dec 18 (Reuters) Merafe Resources Ltd * EUROPEAN BENCHMARK FERROCHROME PRICE HAS BEEN SETTLED AT USD112 CENTS PER POUND FOR Q1 OF 2019 Source text for Eikon Further company coverage (PTY) Ltd, Cape Town, South Africa
Merafe Resources Ltd (MRFJNB) company profile with history, revenue, mergers acquisitions, 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
Jun 09, 2011The companies will construct a 360,00t smelter, raising annual ferrochrome capacity of their joint venture in northern South Africa to 2.3Mt, Merafe said in a statement here. The company owns 20.5% of the Xstrata Merafe Chrome Venture, which supplies about a fifth of world demand for ferrochrome, used to make stainless steel.