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Company overview

Merafe is a ferrochrome producer with a 20.5% interest in the Glencore-Merafe Chrome Venture. Merafe participates in this venture through its wholly owned subsidiary Merafe Ferrochrome and Mining Proprietary Limited. The venture is currently the main focus of Merafe’s business and is one of the largest ferrochrome producers in the world.1

The following mines are operated by the venture in the Bushveld Complex in Mpumalanaga and North West Province: Waterval mine, Kroondal mine, Boshoek mine, Horizon mine, Wonderkop mine, Magareng mine, Helena mine and Thorncliffe mine.2 The venture also has the following operations in the North West Province: Wonderkop, Rustenburg and Boshoek (pelletising and sintering plants and furnaces), and the Lydenburg and Lion operations (kilns and furnaces) in Mpumalanga and Limpopo.3

The total number of people employed by the venture, including temporary workers and contractors, is 13,385. This figure includes 6,282 full-time employees.4