Half Year 2024 Merafe Resources Ltd Earnings Call Transcript

Author's Avatar
Aug 12, 2024

Aug 12, 2024 / NTS GMT
Operator

Good day, ladies and gentlemen, and welcome to the Merafe Resources interim results presentation. (Operator Instructions)

Please note that this call is being recorded. I would now like to turn the conference over to Zanele Matlala. Please go ahead.

Zanele Matlala - Merafe Resources Ltd - Chief Executive Officer, Executive Director

Good morning. Thank you for joining us for the interim results presentation. Ditabe and I will take you through the results. And we also have Japie Fullard, the CEO of Glencore Alloys, with us to assist with operational questions. The operating environment continues to be challenging, leading to weaker financial performance.

Slide 4, which gives us the key takeaways from the results, sadly, we recorded one fatality and there has been a deterioration in the total recordable injury frequency rate. Operationally, ferrochrome and chrome ore production were lower. The PSV continued to focus on efficiencies. Cost pressures persisted.

On the positive side though, there was some improvement in electricity supply and

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot