MERAFE RESOURCES LIMITED - Production report for the quarter ended 31 March 2021

Production report for the quarter ended 31 March 2021

MERAFE RESOURCES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1987/003452/06)
Share Code: MRF
ISIN: ZAE000060000
(“Merafe” or the “Company”)


Production report for the quarter ended 31 March 2021

Merafe’s attributable ferrochrome production from the Glencore Merafe Chrome Venture for the quarter
ended 31 March 2021 increased by 3% compared to the prior comparative period. The increase, which
has been achieved in spite of the Lydenburg smelter and Rustenburg furnace 5 being on care and
maintenance, is as a result of production efficiencies realised at our smelters.


                                                                   Quarter                Quarter
                                                                     ended                  ended
                                                             31 March 2021          31 March 2020

Attributable ferrochrome production (kt)                               103                    100



Sandton
15 April 2021

Sponsor
One Capital

Date: 15-04-2021 05:11:00
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