Half Year 2024 Merafe Resources Ltd Earnings Call Transcript
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.
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
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