| |
|
Group |
Company |
| R'000 |
2024 |
2023 |
2024 |
2023 |
| Revenue from contracts with customers |
|
|
|
|
| Ferrochrome sales* |
5 908 878 |
6 885 467 |
– |
– |
| Chrome ore sales |
2 262 221 |
2 222 204 |
– |
– |
| PGMs concentrate sales** |
267 055 |
133 470 |
– |
– |
|
8 438 154 |
9 241 141 |
– |
– |
| Revenue other than from contracts with customers |
|
|
|
|
| Management fees |
1 200 |
1 200 |
7 817 |
16 393 |
| Other income*** |
4 108 |
1 681 |
150 |
143 |
| Dividend income |
– |
– |
1 049 633 |
824 712 |
|
5 308 |
2 881 |
1 057 600 |
841 248 |
|
8 443 462 |
9 244 022 |
1 057 600 |
841 248 |
| * |
Ferrochrome sales includes provisional pricing adjustments of R15 million (2023: R32 million). |
| ** |
All PGMs concentrate sales are to a customer in South Africa. |
| *** |
Other income includes revenue from sale of scraps and silica. |
Geographical areas of ferrochrome sales to customers
The majority of customers are stainless steel mills located at the following revenue destinations:
|
2024 |
2023 |
| Revenue destination |
Revenue
R'000 |
% of revenue
in relation to total
ferrochrome
revenue |
RevenueR'000 |
% of revenue
in relation to total
ferrochrome
revenue |
| Africa* |
211 328 |
4 |
207 443 |
3 |
| Americas** |
557 401 |
9 |
362 759 |
5 |
| Asia*** |
4 023 250 |
68 |
5 093 698 |
74 |
| Europe**** |
1 116 899 |
19 |
1 221 567 |
18 |
|
5 908 878 |
100 |
6 885 467 |
100 |
| * |
Includes South Africa. |
| ** |
Includes Brazil and USA. |
| *** |
Includes China, India, Japan, South Korea, Taiwan, Singapore and Australia. |
| **** |
Includes England, Finland, Italy, Luxembourg, Netherlands, Slovenia and Spain. |
Geographical areas of chrome ore sales to customers
|
2024 |
2023 |
| Revenue destination |
Revenue
R'000 |
% of revenue
in relation to
total chrome
ore revenue |
Revenue
R'000 |
% of revenue
in relation
to total
chrome ore
revenue |
| South Africa |
506 580 |
22 |
482 837 |
22 |
| Asia, Australia, Mexico and Europe |
1 755 641 |
78 |
1 739 367 |
78 |
|
2 262 221 |
100 |
2 222 204 |
100 |
Sales to the following customers individually comprise more than 10% of total ferrochrome sales:
|
2024 |
2023 |
| Key customers |
Revenue
R'000 |
% of revenue
in relation to total
ferrochrome
revenue |
Revenue
R'000 |
% of revenue
in relationto total
ferrochrome
revenue |
| Customer A |
1 324 230 |
22 |
1 783 005 |
26 |
| Customer B |
955 912 |
16 |
1 535 696 |
22 |
|
2 280 142 |
38 |
3 318 701 |
48 |
Sales to the following customers individually comprise more than 10% of total chrome ore sales:
|
2024 |
2023 |
| Key customers |
Revenue
R'000 |
% of revenue
in relation to total
chrome ore
revenue |
Revenue
R'000 |
% of revenue
in relationto total
chrome ore
revenue |
| Customer C |
351 919 |
16 |
– |
– |
|
