The report covers the financial and sustainability performance of the company for the year ended 31 December 2016. The report highlights a record production volume of 393kt of ferrochrome, an operating capacity utilization of 91%, an 11% increase in chrome ore production, an increase in revenue from R4.4 billion to R5.7 billion, a net profit of R532 million, and the declaration of a total dividend of R120 million.
Issuing Company Merafe Resources Limited
Report Type Integrated Report
Report Language EN
Report Filesize 3.19 MB
No. of Pages 64 pages
Reporting periodJanuary 1, 2016-December 31, 2016
Report EditionUnknown
Assurance Provider KPMG Inc.; Deloitte
Reporting Standards GRI; SAMREC; JSE Limited Listings Requirements; others
Materiality Assessmenttrue