Merafe Resources Ltd (JSE:MRF)
R 1.39 0.07 (5.3%) Market Cap: 3.47 Bil Enterprise Value: 1.83 Bil PE Ratio: 1.98 PB Ratio: 0.65 GF Score: 79/100

Half Year 2021 Merafe Resources Ltd Earnings Call Transcript

Aug 10, 2021 / NTS GMT
Release Date Price: R0.93 (+1.09%)
Operator

Good day, ladies and gentlemen, and welcome to the Merafe Resources Limited Interim Results Presentation. (Operator Instructions)

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

Zanele Joyce Matlala
Merafe Resources Limited - CEO & Executive Director

Good morning. Welcome to the Merafe interim results presentation. Ditabe and I will take you through the presentation and Japie Fullard, the CEO of Glencore Alloys will -- is also on the line and available for questions at the end of the presentation.

The global economy has recovered from the depth that it fell to in 2020 as a result of COVID-19 lockdowns. This recovery has contributed to the chrome sector, recovering as well, and boosted the performance of Merafe. On Slide 4, which is a summary of our performance, we are pleased with the improvement in the total recordable injury frequency rate. The continued implementation of COVID-19 protocols enabled our operations to operate without significant shutdowns for the

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