MERAFE RESOURCES LIMITED - Ferrochrome price announcement for the second quarter of 2022

Ferrochrome price announcement for the second quarter of 2022

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

Ferrochrome price announcement for the second quarter of 2022

Shareholders of the Company are advised that the European benchmark ferrochrome price for the
second quarter of 2022 has been settled at 216 US cents per pound, a 20.0% increase from the first
quarter of 2022.


Sandton
25 March 2022

Sponsor
One Capital

Date: 25-03-2022 08:00:00
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