Merafe Resources Ltd 2020 IR
The report outlines Merafe Resources' financial and ESG performance for the fiscal year ended December 31, 2020. During the year, the company faced significant operational challenges due to the COVID-19 pandemic, resulting in a 29% decrease in attributable ferrochrome production to 265kt and a net loss of R1.00 billion. Despite these headwinds, Merafe maintained a strong, debt-free balance sheet with a closing cash balance of R278 million. On the sustainability front, the company regrettably reported one workplace fatality, while its total recordable injury frequency rate increased to 3.89. The report also highlights the company's ongoing commitment to energy efficiency and community development, including R49 million spent on corporate social investment and enterprise development.
Company: Merafe Resources Ltd
Sector: Materials
Country: South Africa
Year: 2020
Type: IR
Pages: 120
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Merafe Resources Ltd
Integrated Annual Report
The report outlines Merafe Resources' financial and ESG performance for the fiscal year ended December 31, 2020. During the year, the company faced significant operational challenges due to the COVID-19 pandemic, resulting in a 29% decrease in attributable ferrochrome production to 265kt and a net loss of R1.00 billion. Despite these headwinds, Merafe maintained a strong, debt-free balance sheet with a closing cash balance of R278 million. On the sustainability front, the company regrettably reported one workplace fatality, while its total recordable injury frequency rate increased to 3.89. The report also highlights the company's ongoing commitment to energy efficiency and community development, including R49 million spent on corporate social investment and enterprise development.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
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
Net Zero Target
Employees