Mining News

Cash-flush ferrochrome producer Merafe declares dividend on record profit

The year 2021 was a year of recovery for the Glencore Merafe Pooling and Sharing Venture, both from a financial and operational perspective. JSE-listed Merafe, headed by CEO Zanele Matlala, reported on Tuesday that Improved economic activity had contributed to robust demand for ferrochrome, which, coupled with supply constraints, had resulted in a marked increase in prices.

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