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Soaring Merafe goes into cashflow orbit, lifts dividend 151%

By: Martin Creamer     5th March 2018 Chrome and ferrochrome company Merafe delivered exceptional results for 2017, setting new production, revenue, earnings before interest tax depreciation and amortisation (Ebitda) and dividend records. Cashflow from operating activities rocketed 179% to R1 400-million, compared with R502-million... 

Ferrochrome smelter uses significantly less electricity

By: Martin Creamer     12th December 2014 The Lion ferrochrome smelter, owned and operated by the Glencore Merafe Chrome Venture, uses 37% less electricity than conventional ferrochrome processes to produce the equivalent volume of ferrochrome. In addition, the smelter needs far less coke than conventional smelters and uses significant... 

Ferrochrome smelter’s slashed power use opens way for major value-adding boost

By: Martin Creamer     14th November 2014 STEELPOORT, Mpumalanga – The Lion ferrochrome smelter owned and operated by the Glencore Merafe Chrome Venture, uses 37% less electricity than conventional ferrochrome processes to produce the equivalent volume of ferrochrome. In addition, the smelter needs far less coke than conventional... 

Technology slashes power use at Glencore's huge S African chrome smelter  

By: Martin Creamer     5th November 2014 The Lion ferrochrome smelter owned and operated by the Glencore Merafe Chrome Venture, uses 37% less electricity than conventional ferrochrome processes to produce the equivalent volume of ferrochrome. In addition, the smelter needs far less coke than conventional smelters as well as using... 

Merafe reports 17% increase in Q2 ferrochrome price

By: Idéle Esterhuizen     11th April 2012 Shares in JSE-listed Merafe Resources rose 3.3% on Wednesday as it announced a 17% increase in the European benchmark ferrochrome price. The miner, which operates a ferrochrome joint venture with Xstrata in South Africa, said the second-quarter has been settled at $1.35/lb, compared with... 

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