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Production report for the quarter and year ended 31 December 2022

Published: 2023-01-16 09:00:32 ET
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MERAFE RESOURCES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1987/003452/06)
Share Code: MRF
ISIN: ZAE000060000
(“Merafe”)

PRODUCTION REPORT FOR THE QUARTER AND YEAR ENDED 31 DECEMBER 2022

 Merafe’s attributable ferrochrome production from the Glencore Merafe Chrome Venture decreased by
 approximately 5.0% for the quarter ended 31 December 2022 and increased by approximately 1.3% for
 the full year compared to the year ended 31 December 2021. The production levels were achieved in
 spite of the Eskom load curtailments that affected operations.

                                      Quarter ended 31 December      Year ended 31 December
                                              2022         2021            2022         2021
  Attributable ferrochrome
                                                 97          102             384            379
  production (kt)



 Sandton
 16 January 2023

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