MERAFE RESOURCES LIMITED - Ferrochrome price announcement first quarter 2018
MRF 201712150006A
Ferrochrome price announcement first quarter 2018
Merafe Resources Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1987/003452/06)
JSE share code: MRF
ISIN: ZAE000060000
(“Merafe” or the “Company”)
Ferrochrome price announcement first quarter 2018
Shareholders of the Company are advised that the European benchmark ferrochrome price has been
settled at USD118 cents per pound for the first quarter of 2018, a decrease of 15.1% from the USD139
cents per pound price in the fourth quarter of 2017.
Sandton
15 December 2017
Sponsor
One Capital
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