Merafe Resources Ltd 2013 IR
The report highlights Merafe Resources' financial and operational performance for the fiscal year 2013. The company achieved a 32% increase in attributable ferrochrome production to 319,000 tonnes and a 38% increase in revenue to R3.5 billion, driven by higher sales volumes and a weaker Rand. Despite experiencing two tragic fatalities, the Glencore-Merafe Chrome Venture improved its total recordable injury frequency rate by 5.2% and reduced energy consumption per tonne of ferrochrome by 7%. Additionally, the commissioning of the R5 billion Lion II project commenced, which is expected to further enhance energy efficiency and lower production costs.
Company: Merafe Resources Ltd
Sector: Materials
Country: South Africa
Year: 2013
Type: IR
Pages: 70
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Merafe Resources Ltd
Integrated Annual Report
The report highlights Merafe Resources' financial and operational performance for the fiscal year 2013. The company achieved a 32% increase in attributable ferrochrome production to 319,000 tonnes and a 38% increase in revenue to R3.5 billion, driven by higher sales volumes and a weaker Rand. Despite experiencing two tragic fatalities, the Glencore-Merafe Chrome Venture improved its total recordable injury frequency rate by 5.2% and reduced energy consumption per tonne of ferrochrome by 7%. Additionally, the commissioning of the R5 billion Lion II project commenced, which is expected to further enhance energy efficiency and lower production costs.
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Document Details
Report Year
2013
Reporting Period
Jan 1, 2013 - Dec 31, 2013
Fiscal Year
2013
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Women on Board
Women in Management
Workplace Fatalities
Employees