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
Sponsor
One Capital