Merafe expecting sharp earnings rise

July 14, 2017

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Ferrochrome company Merafe is expecting a sharp rise in earnings for the six months to June 30. Merafe shares in 20.5% of the earnings before interest, taxes, depreciation and amortisation of the Glencore-Merafe Chrome Venture, which has a total installed capacity of 2.3-million tonnes of ferrochrome a year.

Category: General