MERAFE RESOURCES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1987/003452/06)
JSE and A2X share code: MRF
ISIN: ZAE000060000
(“Merafe”)
PRODUCTION REPORT FOR THE QUARTER ENDED 31 MARCH 2024
Merafe's attributable ferrochrome production from the Glencore Merafe Chrome Venture in the first
quarter ended 31 March 2024 was 77kt, resulting in a decrease of approximately 26% in production
compared to the prior comparative period. The reduction in production is due to the Rustenburg smelter
which has not operated in 2024 in response to market conditions.
First quarter ended 31 March
2024 2023
Attributable ferrochrome production (kt) 77 103
Sandton
22 April 2024
Sponsor
One Capital