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.
South Africa Zanele Matlala Glencore Merafe Pooling Sharing Venture Mining Weekly Chrome Ferrochrome Glencore
Source: polity.org.za