MERAFE RESOURCES LIMITED - Ferrochrome price announcement for the third quarter of 2019

Ferrochrome price announcement for the third quarter of 2019

Merafe Resources Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1987/003452/06)
JSE share code: MRF
ISIN: ZAE000060000
(“Company”)

Ferrochrome price announcement for the third quarter of 2019

Shareholders of the Company are advised that the European benchmark ferrochrome price has been
settled at USD104 cents per pound for the third quarter of 2019, a decrease of 13.3% from the USD120
cents per pound price in the second quarter of 2019.


Sandton
14 June 2019

Sponsor
One Capital

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