AFARAK GROUP INVESTS IN PRODUCTION OF METALLURGICAL GRADE CHROME ORE CONCENTRATE

Core Insights - Afarak Group SE is investing in the production of metallurgical grade chrome ore concentrate, with the first concentrate expected by the end of October 2025 [1][4]. Group 1: Production and Capacity - The chrome ore processing plant at Vlakpoort Mine has a capacity of 10,000 tons of concentrate per month, producing a metallurgical grade 40% chrome concentrate [1]. - The plant will initially operate for 12 hours per day and is powered by green energy, utilizing a photovoltaic solar plant and batteries for independent washing activities [2]. Group 2: Resource and Location - The Vlakpoort Mine is located in the Northern part of the western limb of the Bushveld complex in South Africa, with a proven resource of 6.656 million tons of chrome and 330,314 ounces of PGM [3]. Group 3: Strategic Vision - The CEO of Afarak Group emphasized the company's commitment to improving its value chain and increasing chrome ore concentrate production, with future plans to add a PGM recovery plant to the washing facility [4].