Black-owned ferrochrome company Merafe Resources on Tuesday reported record production, record revenue and a major jump in headline earnings in the 12 months to December 31. Production hit the 393 000 t mark, revenue lifted to R5.7-billion, headline earnings a share soared 53% to 21.2 c, safety improved and the final dividend of 4 c a share amounts to a payout of R100.4-million.