Cash-flush ferrochrome producer Merafe declares dividend on record profit

Last year was a year of recovery for the Glencore Merafe Pooling and Sharing Venture, both from a financial and operational perspective. JSE-listed Merafe, headed by CEO Zanele Matlala, reported on Tuesday that Improved economic activity had contributed to robust demand for ferrochrome, which, coupled with supply constraints, had resulted in a marked increase in prices.

from Engineering News | Home https://ift.tt/Mad6Wcl