Merafe Resources Limited (FRA:RZT)
Germany · Delayed Price · Currency is EUR | Market Cap | 196.08M +52.0% |
| Revenue (ttm) | 360.24M +8.5% |
| Net Income | 22.50M +133.4% |
| EPS | 0.01 +134.2% |
| Shares Out | n/a |
| PE Ratio | 8.71 |
| Forward PE | n/a |
| Dividend | 0.01 (15.90%) |
| Ex-Dividend Date | Sep 2, 2026 |
| Volume | n/a |
| Open | 0.0750 |
| Previous Close | 0.0720 |
| Day's Range | 0.0750 - 0.0825 |
| 52-Week Range | 0.0430 - 0.0845 |
| Beta | n/a |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Aug 11, 2026 |
About Merafe Resources
Merafe Resources Limited, together with its subsidiaries, engages in the mining and beneficiation of chrome ore into ferrochrome and associated minerals. The company operates ferrochrome smelters, ferrochrome furnaces, and platinum group metals processing plants in the Western and Eastern limbs of the Bushveld Complex; and chrome ore mines and UG2 plants located in the northwest, Limpopo, and Mpumalanga provinces of South Africa. It has operations in South Africa, Egypt, Turkey, Brazil, the United States, Indonesia, China, India, Japan, South K... [Read more]
Financial Performance
In 2025, Merafe Resources's revenue was 5.83 billion, a decrease of -30.89% compared to the previous year's 8.44 billion. Earnings were 142.59 million, a decrease of -78.63%.
Financial numbers in ZAR Financial StatementsNews
Merafe Resources Transcript: Transcript
Revenue was flat at ZAR 4.7bn, with profit after tax down 31% to ZAR 720m and EBITDA 26% lower year-over-year. Cost pressures, lower ferrochrome output, and market uncertainty persisted, but chrome ore and PGM revenues rose. Interim dividend of ZAR 0.20/share declared.
Merafe Resources Transcript: Transcript
Revenue declined 9% year-over-year due to lower ferrochrome prices and volumes, while EBITDA dropped 27%. A business review is underway as smelting operations are loss-making, with potential for increased chrome ore exports and further cost management. Cash reserves remain strong.
Merafe Resources Transcript: Transcript
Merafe Resources Transcript: Transcript
Merafe Resources Transcript: Transcript
Revenue and earnings declined sharply due to lower ferrochrome volumes and prices, with smelters suspended and focus shifting to chrome ore sales and mining operations. Despite market headwinds, the company remained profitable, declared a dividend, and maintained strong cash reserves.
Merafe Resources Transcript: Transcript
Profits and revenue rose sharply in H1 2026, driven by higher chrome ore volumes and prices, despite smelter suspensions and cost pressures. Favorable electricity tariffs enabled smelter restarts, with full ramp-up expected by year-end. EBITDA and cash reserves improved significantly.
Merafe Resources Transcript: Transcript
Financial performance deteriorated in 2025 due to smelter suspensions and lower ferrochrome sales, with revenue down 31% and EBITDA down 66%. Chrome ore and PGM segments performed strongly, while high power costs and market volatility remain key risks.
South Africa's Merafe Resources half-year profit up 64%
Merafe Resources on Tuesday posted a 64% increase in half-year profit, as higher chrome ore prices and sales softened the impact of lower ferrochrome production.
Merafe to Cut South Africa Jobs, Idle Two Ferrochrome Smelters
Glencore Plc’s ferrochrome venture in South Africa will idle two smelters and cut jobs because of unsustainable electricity tariffs.