MERAFE RESOURCES LIMITED - Ferrochrome price announcement second quarter 2018

Ferrochrome price announcement second quarter 2018

Merafe Resources Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1987/003452/06)
JSE share code: MRF
ISIN: ZAE000060000
(the “Company”)

Ferrochrome price announcement second quarter 2018

Shareholders of the Company are advised that the European benchmark ferrochrome price has been
settled at USD142 cents per pound for the second quarter of 2018, an increase of 20.3% from the
USD118 cents per pound price in the first quarter of 2018.

Sandton
29 March 2018

Sponsor
One Capital

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