Weaker commodity prices and higher costs weigh on Merafe
The company expects 2025 to be challenging but will keep ‘evaluating strategies to enhance its resilience’
10 March 2025 - 09:34
UPDATED 10 March 2025 - 14:43
China’s slowing industrial activity and growing ferrochrome production poses a threat to Merafe Resources, which reported lower annual earnings as weaker commodity prices and higher costs weighed on its performance last year.
In its annual financial results, Merafe warned that the group’s 2025 outlook sees market volatility stemming from geopolitical tension, protectionist policies, regional wars and potential slowdowns in Chinese industrial production. ..
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