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Nature of Business
Merafe is listed on the Johannesburg Stock Exchange (JSE) and A2X in the General Mining sector under the share code MRF. Merafe's business is the 20.5% participation through its wholly-owned subsidiary, Merafe Ferrochrome, in the earnings before interest, tax, depreciation and amortisation (EBITDA) of the Venture in which Glencore Operations South Africa (Pty) Ltd. (Glencore) has a 79.5% participation. The group's major shareholders are Glencore (Netherlands) B.V. (Glencore BV)and the Industrial Development Corporation of South Africa (IDC). Merafe and Glencore formed the Venture in July 2004 when they pooled their chrome operations to create the largest ferrochrome producer in the world.
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| Telephone |
011-783-4780 |
| Fax |
- |
| Postal Address |
PO Box 652157, Benmore, 2010 |
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| Closing price data source: JSE Ltd. All other statistics calculated by ProfileData. |
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