Merafe Resources Ltd 2015 IR
The report highlights Merafe Resources' financial and operational performance for the fiscal year 2015. The company achieved record revenues of R4.4 billion and a 60% increase in profit after tax, driven by record ferrochrome sales volumes and a weaker Rand. Operationally, attributable ferrochrome production increased by 13% to 377kt, largely due to the full ramp-up of the Lion II project. The company also improved its safety performance, recording zero fatalities and a reduced total recordable injury frequency rate of 4.17. Additionally, Merafe successfully concluded three-year wage agreements with smelter employees and continued its commitment to community development and energy-efficient technologies.
Company: Merafe Resources Ltd
Sector: Materials
Country: South Africa
Year: 2015
Type: IR
Pages: 64
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Merafe Resources Ltd
Integrated Annual Report
The report highlights Merafe Resources' financial and operational performance for the fiscal year 2015. The company achieved record revenues of R4.4 billion and a 60% increase in profit after tax, driven by record ferrochrome sales volumes and a weaker Rand. Operationally, attributable ferrochrome production increased by 13% to 377kt, largely due to the full ramp-up of the Lion II project. The company also improved its safety performance, recording zero fatalities and a reduced total recordable injury frequency rate of 4.17. Additionally, Merafe successfully concluded three-year wage agreements with smelter employees and continued its commitment to community development and energy-efficient technologies.
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Document Details
Report Year
2015
Reporting Period
Jan 1, 2015 - Dec 31, 2015
Fiscal Year
2015
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Employees