Merafe Resources

No fatalities
(June 2020: No fatalities)

17% decrease in TRIFR¹ to
3.24
(December 2020: 3.91²)

66% increase in ferrochrome
production to
199kt
(June 2020: 120kt)

60% increase in revenue to
R3 746 million
(June 2020: R2 338 million)

422% increase in EBITDA³ to
R819 million
(June 2020: R157 million)

Headline earnings per share of
23.2 cents
(June 2020: 1.1 cents)

Basic earnings per share of
23 cents
(June 2020: Basic loss per share of 38.3 cents)

25% increase in net asset value to
R2 848 million
(December 2020: R2 277 million)

287% increase in net cashflow
from operating activities to
R635 million
(June 2020: R164 million)

187% increase in cash to
R797 million
(December 2020: R278 million)

Interim dividend of
7 cents per share declared
(June 2020: Rnil)