Merafe Resources Ltd

Business Description

Merafe Resources Limited (Merafe), through its subsidiary, Merafe Ferrochrome and Mining Proprietary Limited (Merafe Ferrochrome) and through a pooling and sharing Venture with Glencore Operations South Africa Proprietary Limited, participates in chrome mining and the beneficiation of chrome ore into ferrochrome. The Glencore-Merafe Chrome Venture (the Venture) operates in approximately five ferrochrome smelters (including pelletizing and sintering plants), 22 ferrochrome furnaces, six chrome ore mines and five UG2 plants, situated in the Northwest, Limpopo, and Mpumalanga provinces of South Africa. Merafe Ferrochrome holds interest in Wonderkop smelter, Boshoek smelter, Lion I smelter and Lion II smelter. Merafe Ferrochrome also holds interest in Boshoek mine, Kroondal and Wonderkop mine, Helena mine, Magareng mine and Marikana. Merafe Ferrochrome holds interest in Impala Kanana UG2 plant, Lonmin UG2 plants, Bokamoso pelletizing plant, Motswedi pelletizing plant, and others.

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