Afarak Group PLC (AFRK)

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Company Description

Afarak Group PLC is a chrome mining and minerals producer. It is engaged in delivering sustainable growth with a speciality alloys business in southern Europe and a ferro alloys business in southern Africa. The Company has two operating segments, FerroAlloys and Speciality Alloys. The FerroAlloys business consists of the processing plant Mogale Alloys and the joint ventures Stellite mine and Mecklenburg mine in South Africa. The business produces chrome ore, charge chrome, silico manganese and stainless steel alloy. The Speciality Alloys business consists of Turk Maadin Sirketi A.S the mining and beneficiation operation in Turkey, and Elektrowerk Weisweiler GmbH the chromite concentrate processing plant in Germany. TMS supplies EWW with quality chromite concentrate which produces speciality products including Specialised Low Carbon and Ultra Low Carbon Ferrochrome.It has operations in Turkey, Germany, Malta and southern Africa...