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Glencore's chrome joint venture in South Africa with ...

Apr 01, 2020· The Swiss-based Glencore owns 79.5% of the Glencore-Merafe Chrome Venture, which has a total capacity of 2.3 million tonnes of ferrochrome per annum. Other South African chrome operators including Samancor Chrome and Tharisa have also declared forced majeure on contracts. (Additional reporting by Helen Reid in Johannesburg, editing by Louise ...

Merafe Resources Ltd. (MERAFE) JSE:MRF share price - Click ...

Merafe is listed on the JSE Ltd. in the General Mining sector under the share code MRF. Currently, the main focus of Merafe's business is on the 20.5% participation of its wholly owned subsidiary ...

Merafe warns of lower earnings per share amid weak chrome ...

Merafe Resources expects earnings per share for the first six months of 2019 to be down as much as 65% year on year due to lower chrome ore and ferro-chrome prices, the company said in a trading statement on Friday July 19.

Merafe subsidiary acquires 20.5% stake in Glencore's ...

Jun 01, 2020· Diversified commodities miner Glencore has agreed to sell a 20.5% stake in Unicorn Chrome to a subsidiary of Merafe Resources for R32.2m. Merafe Resources subsidiary Merafe Ferrochrome and Mining will gain access to Unicorn's shareholding in a UG2 chrome concentrate producer that extracts chrome concentrate from a tailings stream in the North West province of South …

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End of the road for Merafe Resources? - BusinessLIVE

Jan 30, 2020· Merafe Resources, once a punters' favourite, may be at the end of the road as power cuts and low prices bite. In a dark portent for SA's ferrochrome industry, the Glencore-Merafe Chrome ...

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Aug 19, 2021· Merafe Resources swings to interim profit on healthy growth in demand for ferrochrome Trucks ferrying chrome ore seized in Limpopo, four people arrested for alleged illegal mining

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Merafe Resources Ltd. engages in the mining and beneficiation of chrome ore into ferrochrome. Its ferrochrome produced is used in stainless steel and specialty steels. The company was founded by Terence Michael Mcconnachie on July 24, 1987 and is headquartered in Bryanston, South Africa.

Glencore Wonderkop Smelters, North West

Glencore, Merafe could cut up to 665 jobs at South African smelter. Merafe and Glencore to keep most of their smelters in mothballs. 8 May 2020 — The Glencore-Merafe Chrome Venture has restarted operations at its Lion ... Rustenburg, Wonderkop, Lydenburg smelters and Kroondal mine ...

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Glencore's chrome joint venture in South Africa with ...

Apr 01, 2020· Glencore's chrome joint venture in South Africa with Merafe Resources has declared force majeure on qualifying contracts after a nationwide lockdown forced operations to shut, a ...

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· No 1 source of global mining news and opinion. According to Roskill, the Glencore-Merafe Chrome Venture may benefit in terms of market share from the progressive deregulation of … HomeGoods Official Site | Unique Selection, Unbelievable ... · Get inspired by amazing finds in your favorite stores.

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Glencore-Merafe Chrome Venture expected to benefit from ...

Aug 22, 2021· South Africa is the world's top chrome ore producer, while Swiss-based Glencore (LON: GLEN) owns 79.5% of the Glencore-Merafe Chrome Venture, which has a total capacity of 2.3 million tonnes of ferrochrome per annum.

Glencore's chrome joint venture in South Africa with ...

Apr 01, 2020· The Swiss-based Glencore owns 79.5% of the Glencore-Merafe Chrome Venture, which has a total capacity of 2.3 million tonnes of ferrochrome per annum.

Mercado global de ferrocromo 2021 Factores de ...

Glencore-Merafe, Eurasian Resources Group, Samancor Chrome, Hernic Ferrochrome, IFM, FACOR, Mintal Group, Tata Steel, IMFA, Shanxi Jiang County Minmetal, Jilin Ferro Alloys, Ehui Group, Outokumpu. Segmento de mercado global de Ferro Chrome por tipos:-High Carboon, Low Carbon. Segmento de mercado global de Ferro Chrome por aplicaciones:-

Glencore-Marafe Chrome Venture in South Africa makes layoffs

Jun 22, 2020· The Glencore-Merafe Chrome Venture, in which Glencore owns 79.5%, has a total capacity of 2.3mt of ferrochrome annually, Reuters reported. According to the news agency, South Africa President Cyril Ramaphosa lifted the lockdown restrictions in April, allowing mines to operate at full capacity. However, many miners, banks, retailers, and ...

Merafe withholds dividend after profit plunges on weak ...

Aug 05, 2019· Merafe Resources withheld its interim dividend after profit fell by nearly two-thirds due to weak chrome prices. The mining company, whose primary source of revenue is a 20.5% stake in a chrome ...

Glencore's chrome joint venture in South Africa with ...

Apr 01, 2020· Glencore's chrome joint venture in South Africa with Merafe Resources has declared force majeure on qualifying contracts after a nationwide lockdown forced operations to shut, a Merafe executive said. Glencore declined to comment.

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Merafe rockets amid surge in output, profit | Fin24

Jul 26, 2021· The share price of ferrochrome producer Merafe Resources jumped as much as 24% after a strong trading update. The company said that production from the Glencore Merafe Chrome Venture increased by almost 66% in the six months to end of June, compared to the same period in the previous year - which was affected by stringent Covid-19 restrictions.

Cabinet approves export tax on chrome ore - Moneyweb

Oct 22, 2020· Companies mining and processing chrome in South Africa include Glencore, Merafe Resources, Samancor Chrome, Tharisa, and Jubilee Metals. Shares in Merafe Resources – which runs a chrome joint ...

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Rembuluwani Matodzi - South Africa | Professional Profile ...

General Manager Works at Glencore Merafe PSV Lydenburg Smelter South Africa 17 connections. Join to Connect Glencore. Report this profile Experience ... Chief Operating Officer - Chrome Smelting at Glencore Alloys South Africa. Mettler Financial And Administrative Manager at …