
Merafe ferrochromium Q1 output down by 76% YoY
Merafe Resources ferrochromium production is down by 76% to 19000 tonnes in the first quarter of 2009 from 79000 tonne in the first quarter of 2008.
Only three furnaces, 20% of production, are in operation at Xstrata-Merafe. No date has been set for restarting production.
Merafe has a 20.5% stake in the Xstrata-Merafe chrome venture the largest ferrochromium producer in the world with a total capacity of 1.96 million tonne per year.
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