Merafe Resources revises regional revenue breakdown following JSE engagement

Merafe Resources (JSE:MRF) announced revisions to its regional revenue disclosure format for ferrochrome and chrome ore. This change follows an engagement with the JSE subsequent to its review process and aims to enhance the breakdown of revenue from the Asian region. In 2024, ferrochrome revenue from Asia accounted for 68% of total ferrochrome revenue (ZAR4,011,749,000), while China alone contributed 43% (ZAR2,521,372,000). For chrome ore, Asia made up 72% (ZAR1,633,558,000) of total revenue. The company's previous reporting method aggregated more Asian revenue into a single category. The revised disaggregation provides greater clarity for investors and stakeholders.