MERAFE RESOURCES LIMITED - First Quarter 2017 Ferrochrome Price Announcement
MRF 201612150011A
First Quarter 2017 Ferrochrome Price Announcement
Merafe Resources Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1987/003452/06)
JSE share code: MRF
ISIN: ZAE000060000
(“Merafe”)
First Quarter 2017 Ferrochrome Price Announcement
Shareholders of the Company are advised that the European benchmark ferrochrome price for
the first quarter of 2017 has been settled at 165USc per pound, an increase of 50 percent from
the 110USc per pound price in the fourth quarter of 2016.
15 December 2016
Sponsor:
Merrill Lynch South Africa Proprietary Limited
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