• Merafe Resources Limited
  •  Overview
  • Last Modified:
  • June 22, 2025
  • Company type:
  • Public
  • Industry:
  • Mining and Metals
  • Verified:
  • No
  • No of Employees:
  • 1 - 1 000
  • Stock Code:
  • MRF
  • Download
  • Signed Health Status Declaration Form
  • Turnover $50m + ?:
  • Yes
  • Headquarters:
  • South Africa
  • Public Interest Score:
  • 750+

 

  • Merafe Resources Limited
  • General Information

Description

We are listed on the JSE Limited in the General Mining sector under the share code MRF. Currently, the main focus of our business is on the 20.5% participation of our wholly owned subsidiary, Merafe Ferrochrome and Mining Proprietary Limited, in the earnings before interest, tax depreciation and amortisation (EBITDA) of the Glencore-Merafe Chrome Venture (the Venture), in which Glencore has a 79.5% participation.The venture’s business model involves processing chrome ore into ferrochrome at its South African smelting facilities and selling any excess chrome ore directly into the market. Ferrochrome demand is heavily tied to global stainless steel production, with China being the dominant consumer

Zanele Matlala:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Ditabe Chocho:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Steve Phiri:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Matsotso Vusu:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Katlego Tiale:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Jeff Mclaughlan:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Nonhlanhla Mabusela-Aikhuere:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
David McGluwa:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Daniel Green:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No

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5 Benchmark > 4 Excellent > 3  Good > 2 Caution > 1 Risk

 

  • Company Information
  • Company System Number:
  • 14549
  • Founded Year: 
  • 1987
  • Registration Number: 
  • 1987/003452/06
  • Country: 
  • South Africa
  • Stock Exchanges: 
    • Johannesburg Stock Exchange
  • Financial year end: 
  • December
  • No. of Countries operations: 
  • 1
  • Company Status: 
  • In Business
  • Industry Sub Category: 
  • Industrial Metals & Mining
  • Date listed on Stock Exchange: 
  • 01/01/1988

 

  • Contact Information
  • Business operation: 
  • Merafe Resources is a South African company focused on ferrochrome production, specifically through its participation in the Glencore-Merafe Chrome Venture. The company owns a 20.5% stake in this venture, which is the world's largest ferrochrome producer. Merafe's business model involves extracting chrome ore, beneficiating it into ferrochrome, and selling both ferrochrome and excess chrome ore.
  • Primary office: 
  • Building B, Second Floor Ballyoaks Office Park 35 Ballyclare Drive Bryanston, 2191

 

  • Additional Information
  • Listed?: 
  • Yes
  • Company secretary: 
  • CorpStat Governance Services Proprietary Limited
  • Reporting currency: 
  • ZAR
  • ISIN number (12 digit): 
JSE
ZAE000060000
  • Authorised shares:
  • 3 500 000 000
  • Issued shares:
  • 2 499 126 870
  • No of shareholders:
  • 1001 and more shareholders
  • No of shareholders holding 20%:
  • 2 shareholders
  • Number of shares traded
  • Per Year:
  • Per Quarter:
  • Per Month:

 

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Shareholders holding 5% +


For a comprehensive list, please contact InsidEntity.

Material Subsidiaries/Associates


For a comprehensive list, please contact InsidEntity.

 

Countries Operations/ Offices


 

Company Directors

Name
Nationality
Age
Role
Qualification
Name

Zanele

Executive
NationalitySouth Africa
RoleNED/CEO
QualificationBCom, BCompt (Hons), CA(SA)
Date Appointed: 01/01/2005
Duration:
21 years and 8 months
Independance: N
Profile
Name

Ditabe

Executive
NationalitySouth Africa
55
RoleED
QualificationCA(SA), MSc Financial Management
Date Appointed: 01/08/2018
Duration:
8 years and 1 month
Independance: Y
Profile
Name

Steve

Executive
NationalitySouth Africa
73
RoleCEO
QualificationBJuris, LLB, LLM, Dip Corp Law
Date Appointed: 01/01/2024
Duration:
2 years and 8 months
Independance: Y
Profile
Name

Matsotso

Non Executive
NationalitySouth Africa
53
RoleNED
QualificationCA(SA)
Date Appointed: 01/01/2018
Duration:
8 years and 8 months
Independance: Y
Profile
Name

Katlego

Non Executive
NationalitySouth Africa
40
RoleNED
QualificationBCom (Acc), CA(SA)
Date Appointed: 01/12/2020
Duration:
5 years and 9 months
Independance: Y
Profile
Name

Jeff

Non Executive
NationalitySouth Africa
67
RoleNED
QualificationMBA, NDIP Elect, Cert Eng
Date Appointed: 01/05/2019
Duration:
7 years and 4 months
Independance: Y
Profile
Name

Nonhlanhla

Non Executive
NationalitySouth Africa
50
RoleNED
QualificationBCompt, CTA and CA(SA)
Date Appointed: 01/07/2021
Duration:
5 years and 2 months
Independance: Y
Profile
Name

David

Non Executive
NationalitySouth Africa
51
RoleNED
QualificationExecutive Development Programme
Date Appointed: 01/07/2021
Duration:
5 years and 2 months
Independance: Y
Profile
Name

Daniel

Non Executive
NationalitySouth Africa
38
RoleNED
QualificationCA(SA)
Date Appointed: 26/11/2021
Duration:
4 years and 9 months
Independance: Y
Profile

 

Directors Tenure

Name
Duration
Name

Zanele Matlala

Duration21 years and 8 months
Profile
Name

Ditabe Chocho

Duration8 years and 1 month
Profile
Name

Steve Phiri

Duration2 years and 8 months
Profile
Name

Matsotso Vuso

Duration8 years and 8 months
Profile
Name

Katlego Tiale

Duration5 years and 9 months
Profile
Name

Jeff Mclaughlan

Duration7 years and 4 months
Profile
Name

Nonhlanhla Mabusela-Aikhuere

Duration5 years and 2 months
Profile
Name

David McGluwa

Duration5 years and 2 months
Profile
Name

Daniel Green

Duration4 years and 9 months
Profile

 

Director Experience

Name
Experience
Name

Zanele

Experience Investment
Profile
Name

Ditabe

Experience Financial Services
Profile
Name

Steve

Experience Mining and Metals
Profile
Name

Matsotso

Experience Energy, Electronics
Profile
Name

Katlego

Experience Financial Services
Profile
Name

Jeff

Experience Mining and Metals
Profile
Name

Nonhlanhla

Experience Investment
Profile
Name

David

Experience Banking
Profile
Name

Daniel

Experience Financial Services
Profile

 

Company Auditors

Name
Date Appointed
Years
Name

Deloitte

Date Appointed01/01/2017
Year9 years and 8 months
Profile

 

 

Company Committees

Name

Zanele Matlala

Mainboard, Audit, Remuneration BD
Profile
Name

Ditabe Chocho

Mainboard, Audit, Remuneration BD
Profile
Name

Steve Phiri

Mainboard, Audit, Remuneration BD
Profile
Name

Matsotso Vuso

Mainboard, Audit, Remuneration BD
Profile
Name

Katlego Tiale

Mainboard, Audit, Remuneration BD
Profile
Name

Jeff Mclaughlan

Mainboard, Audit, Remuneration BD
Profile
Name

Nonhlanhla Mabusela-Aikhuere

Mainboard, Audit, Remuneration BD
Profile
Name

David McGluwa

Mainboard, Audit, Remuneration BD
Profile
Name

Daniel Green

Mainboard, Audit, Remuneration BD
Profile

 

Committee
Abbreviation
Supervisory Board
SB
Board
BD
Risk & Compliance
RC
Audit
AU
Remuneration
RE
Capital investment
CI
Industry Specific
IS
Nominations & Governance
NG
Health, Safety & Environment
HS
Social & Ethics
SE
Technology
TE
Executive
EX
Other
OT