Merafe Resources Ltd 2017 IR
The report highlights Merafe Resources' financial and operational performance for the fiscal year 2017, showcasing record revenue of R5.9 billion and EBITDA of R1.7 billion. The company successfully repaid its debt at the Merafe level, achieving a net cash position of R600 million. Attributable ferrochrome production reached a record high of 395kt, representing 82% of installed capacity. Despite these successes, the company faced challenges including electricity pricing and a tragic fatality at the Lion Smelter. Merafe remains committed to safety, sustainability, and maximizing shareholder returns through dividends.
Company: Merafe Resources Ltd
Sector: Materials
Country: South Africa
Year: 2017
Type: IR
Pages: 64
Back to company
Merafe Resources Ltd
Integrated Annual Report
The report highlights Merafe Resources' financial and operational performance for the fiscal year 2017, showcasing record revenue of R5.9 billion and EBITDA of R1.7 billion. The company successfully repaid its debt at the Merafe level, achieving a net cash position of R600 million. Attributable ferrochrome production reached a record high of 395kt, representing 82% of installed capacity. Despite these successes, the company faced challenges including electricity pricing and a tragic fatality at the Lion Smelter. Merafe remains committed to safety, sustainability, and maximizing shareholder returns through dividends.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2017
Reporting Period
Jan 1, 2017 - Dec 31, 2017
Fiscal Year
2017
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Employees