Merafe Resources Ltd 2007 AR2
The report highlights Merafe Resources' financial and sustainability performance for the year ended December 31, 2007. The company achieved record EBITDA of R465 million, driven by higher ferrochrome prices and increased production from the Xstrata-Merafe Chrome Venture. Key operational milestones included the commissioning of the Bokamoso pelletising and sintering plant, which improves energy efficiency and ore consumption. Merafe also expanded its portfolio by forming the Merafe Coal joint venture. On sustainability, the company was recognized as a top performer on the JSE SRI Index and made progress toward its black economic empowerment and safety targets, despite regrettably reporting two workplace fatalities.
Company: Merafe Resources Ltd
Sector: Materials
Country: South Africa
Year: 2007
Type: AR2
Pages: 98
Back to company
Merafe Resources Ltd
Annual Report
The report highlights Merafe Resources' financial and sustainability performance for the year ended December 31, 2007. The company achieved record EBITDA of R465 million, driven by higher ferrochrome prices and increased production from the Xstrata-Merafe Chrome Venture. Key operational milestones included the commissioning of the Bokamoso pelletising and sintering plant, which improves energy efficiency and ore consumption. Merafe also expanded its portfolio by forming the Merafe Coal joint venture. On sustainability, the company was recognized as a top performer on the JSE SRI Index and made progress toward its black economic empowerment and safety targets, despite regrettably reporting two workplace fatalities.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2007
Reporting Period
Jan 1, 2007 - Dec 31, 2007
Fiscal Year
2007
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Water Consumption
Women on Board
Workplace Fatalities
Employees