Merafe Resources Ltd 2018 IR
The report details Merafe Resources' performance for the fiscal year ended December 31, 2018. During the year, the company achieved a record attributable ferrochrome production of 407kt, representing 85% of its installed capacity. Financially, Merafe reported revenue of R5.6 billion and a net profit of R683 million, allowing it to declare a total dividend of R351 million. Despite these successes, the company faced challenges including a tragic fatality at the Thorncliffe mine and ongoing concerns regarding electricity pricing and availability. The report also highlights improvements in the Total Recordable Injury Frequency Rate (TRIFR) to 3.39 and the successful conclusion of three-year wage agreements.
Company: Merafe Resources Ltd
Sector: Materials
Country: South Africa
Year: 2018
Type: IR
Pages: 118
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Merafe Resources Ltd
Integrated Annual Report
The report details Merafe Resources' performance for the fiscal year ended December 31, 2018. During the year, the company achieved a record attributable ferrochrome production of 407kt, representing 85% of its installed capacity. Financially, Merafe reported revenue of R5.6 billion and a net profit of R683 million, allowing it to declare a total dividend of R351 million. Despite these successes, the company faced challenges including a tragic fatality at the Thorncliffe mine and ongoing concerns regarding electricity pricing and availability. The report also highlights improvements in the Total Recordable Injury Frequency Rate (TRIFR) to 3.39 and the successful conclusion of three-year wage agreements.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
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