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Afarak Group SE on Wednesday said its production in the first quarter was 15% higher than last year, despite decreased activity in South Africa. Afarak is a Helsinki-based speciality alloys supplier with mines and plants in South Africa, Turkey and Germany. It said production of speciality alloys was up 15% to 26,961 metric tons in the three months to the end of March from 23,411 a year ago. Processing volumes were up 7.4% to 7,411 metric tons from 6,901mt. South African mining activity fell 27% to 51,413mt from 70,278mt, causing a decrease in overall mining activity. Afarak said South Africa experienced ‘much more rain than usual’ this year. ‘Because of the heavy rainfall, all the mines in the area faced difficulties, and there have been numerous occasions that the plant did not get feed to run and had to put through sub optimal feed materials,’ Afarak said. The company said mining activity at the Turkish mines increased by 18%, to support the processing plant in Germany and to take advantage of improved chrome ore prices through additional sales. Shares in Afarak were untraded in London on Wednesday, last quoted at 5.00 pence each. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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