Merafe reports 26% y/y decrease in first-quarter ferrochrome production

22nd April 2024 By: Sabrina Jardim - Creamer Media Online Writer

JSE-listed Merafe Resources has reported that its attributable ferrochrome production from the Glencore Merafe Chrome Venture in the first quarter ended March 31 was 77 000 t.

This represents a 26% decrease from the 103 000 t produced in the first quarter of 2023.

The company attributes the lower production to the Rustenburg smelter, which has not operated this year in response to market conditions.