Stock MRF MERAFE RESOURCES LIMITED
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Company Merafe Resources Limited

Equities

MRF

ZAE000060000

Iron & Steel

End-of-day quote Johannesburg S.E.
Other stock markets
 06:00:00 2024-04-24 pm EDT 		5-day change 1st Jan Change
1.27 ZAR -2.31% Intraday chart for Merafe Resources Limited -9.29% -2.31%
Apr. 10 Merafe Resources Limited Announces Board and Committee Changes CI
Mar. 18 Merafe Resources Limited Reports Earnings Results for the Full Year Ended December 31, 2023 CI

Business Summary

Merafe Resources Limited specializes in exploring and operating mines. Net sales break down by activity as follows:

- production and sale of ferrochromium (87.1%): to the iron and steel industry. Net sales break down by geographic region between Africa and Middle East (2.9%), Asia (70.7%), Europe (19.3%) and America (7%);

- production and sale of chromium ore (12.8%). Net sales break down by geographical area between South Africa (6.6%) and Asia-Australia- Mexico-Europe (93.4%);

- other (0.1%).

At the end of 2021, the group operated 11 mines located in South Africa.

Number of employees: 7,375

Sales per Business

ZAR in Million2022Weight2023Weight Delta
Ferrochrome
74.5 %
6,795 85.6 % 6,885 74.5 % +1.33%
Chrome Ore
24.0 %
1,040 13.1 % 2,222 24.0 % +113.68%
Platinum Group Metals Concentrate
1.4 %
100 1.3 % 133 1.4 % +33.53%
Other
0.0 %
3 0.0 % 2 0.0 % -43.04%
Management Fees
0.0 %
1 0.0 % 1 0.0 % 0.00%

Sales per region

ZAR in Million2022Weight2023Weight Delta
Asia
55.9 %
4,789 61.1 % 5,094 55.9 % +6.37%
Asia, Australia, Mexico and Europe
19.1 %
916 11.7 % 1,739 19.1 % +89.86%
Europe
13.4 %
1,178 15.0 % 1,222 13.4 % +3.66%
South Africa
5.3 %
124 1.6 % 483 5.3 % +289.92%
Americas
4.0 %
608 7.8 % 363 4.0 % -40.38%
Africa
2.3 %
219 2.8 % 207 2.3 % -5.41%

Managers

Managers TitleAgeSince
Zanele Matlala CEO
 Chief Executive Officer 60 05-03-31
Ditabe Chocho DFI
 Director of Finance/CFO 53 13-01-01

Members of the board

Members of the board TitleAgeSince
Steve Phiri PSD
 President 67 01-07-25
Zanele Matlala CEO
 Chief Executive Officer 60 05-03-31
Matsotso Vuso BRD
 Director/Board Member 51 18-07-29
M. Mngomezulu CHM
 Chairman 70 10-09-08
Ditabe Chocho DFI
 Director of Finance/CFO 53 13-01-01
Jeffery Mclaughlan BRD
 Director/Board Member 65 19-04-30
Katlego Tlale BRD
 Director/Board Member 38 20-11-30
Nonhlanhla Mabusela-Aikhuere BRD
 Director/Board Member 48 21-06-30
David McGluwa BRD
 Director/Board Member 49 21-06-30
Daniel Green BRD
 Director/Board Member 36 21-11-25

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 2,499,126,870 1,228,579,318 ( 49.16 %) 0 49.16 %

Shareholders

NameEquities%Valuation
GLENCORE PLC
28.82 %
720,163,887 28.82 % 60 M R
Industrial Development Corp. of South Africa Ltd.
21.88 %
546,830,100 21.88 % 45 M R
Ninety One SA (Pty) Ltd.
7.530 %
188,176,769 7.530 % 16 M R
Capricorn Fund Managers (Pty) Ltd.
1.300 %
32,500,000 1.300 % 3 M R
Centaur Asset Management Pty Ltd.
1.279 %
31,954,000 1.279 % 3 M R
Abax Investments (Pty) Ltd.
0.5380 %
13,445,200 0.5380 % 1 M R
Old Mutual Investment Group (Pty) Ltd.
0.4957 %
12,388,511 0.4957 % 1 M R
Momentum Asset Management Pty Ltd.
0.4190 %
10,470,271 0.4190 % 868 090 R
Merchant West Investments (Pty) Ltd.
0.2970 %
7,423,086 0.2970 % 615 448 R
STANLIB Asset Management (Pty) Ltd.
0.1612 %
4,028,749 0.1612 % 334 024 R

Company contact information

Merafe Resources Ltd.

Ballyoaks Office Park 35 Ballyclare Drive

2191, Bryanston

+

http://www.meraferesources.co.za
address Merafe Resources Limited(MRF)

Sector

Basic Materials
Mineral Resources
Metals & Mining
Iron & Steel
Other Steel

Sales per Business

Sales per region

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Steel

1st Jan change Capi.
MERAFE RESOURCES LIMITED Stock Merafe Resources Limited
-2.31% 167M
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ARCELORMITTAL Stock ArcelorMittal
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STEEL DYNAMICS, INC. Stock Steel Dynamics, Inc.
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JFE HOLDINGS, INC. Stock JFE Holdings, Inc.
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CLEVELAND-CLIFFS INC. Stock Cleveland-Cliffs Inc.
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UNITED STATES STEEL CORPORATION Stock United States Steel Corporation
-23.60% 8.36B
Other Steel
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