Our Business / Manufactured capital
In terms of manufactured capital Merafe's focus is currently on its investment in the Glencore-Merafe Chrome Venture, how Glencore conducts the mining and beneficiation processes in the Venture and the assets which the Venture mines and beneficiates. The Venture's efficient use of its manufactured capital allows it to be flexible and innovative and increases the speed at which it delivers. Information on the Venture's operations, its operational performance and project delivery is to be found in the Manufactured capital in Our Integrated Annual Report 2022 section.
Key issues that could materially affect our manufactured capital are the following aspects of our investment include project execution, pricing and the availability of electricity supply, business continuity and profitability, investing in new technology to increase energy efficiency and industrial action.
Manufactured capital in the mining context relates to the mining process and how it is conducted and the assets which are being mined and beneficiated.
It is important to an organisation’s sustainability because its efficient use allows an organisation to be flexible and innovative and increases the speed at which it delivers. We enhance our manufactured capital by: