Core Viewpoint - Afarak Group SE has published its Annual Financial Report for the year 2025, including the Board of Directors report, Financial Statement, Auditor's Report, and Corporate Governance Statement, available on the company's website [1][2]. Group 1: Financial Reporting - The Financial Statements are published in accordance with European Single Electronic Format (ESEF) reporting requirements, utilizing XHTML format with XBRL tags [1]. - A copy of the Board of Directors report and Financial Statements for 2025 has been submitted to the UK's National Storage Mechanism [2]. Group 2: Corporate Governance - The company will hold its 2026 Annual General Meeting in Helsinki, complying with the Finnish Companies Act [2]. - The Corporate Governance Statement for 2025 is included in the published documents [1][3]. Group 3: Company Overview - Afarak Group is a specialist alloy producer focused on sustainable growth, with operations in Specialty Alloys in southern Europe and FerroAlloys in South Africa [3]. - The company is listed on NASDAQ Helsinki (AFAGR) and the Main Market of the London Stock Exchange (AFRK) [3].

Core Viewpoint - Afarak Group SE has issued a profit warning, indicating a significant decrease in EBITDA for the full year 2025 despite an increase in revenue [1] Group 1: Financial Performance - The company reported revenue of 141.3 million Euro for 2025, but EBITDA is expected to be approximately 0.7 million Euro, a decline from 2.6 million Euro in 2024 [1] - The expected recovery in the stainless steel market did not occur in the second half of 2025, leading to continued pricing pressure and negatively impacting margins in the low carbon ferrochrome business [4] Group 2: Market Outlook - The market for standard grade low carbon ferro-chrome is anticipated to remain stable with modest upward potential, although a weak US dollar and cheap imports from Kazakhstan, Turkey, and India/China may hinder price increases [2] - Demand and prices in the specialty segment may see more substantial improvements [2] Group 3: Chrome Ore Business - The chrome ore business is expected to yield better margins, with plans to increase output of chrome ore concentrates in South Africa [3] - A new wash plant and solar energy plant are set to be commissioned by the end of September 2026, which will enhance production capabilities [3] - Delays in the commissioning of the Vlaakport wash plant and solar plant have been noted, with full capacity utilization expected within Q1 2026 [5]

Core Viewpoint - Afarak Group SE has received a notification indicating that Jorma Nieminen's combined ownership in the company has surpassed the 5 percent threshold, now standing at 5.02 percent of total shares and voting rights [1][2]. Shareholding Details - Jorma Nieminen's direct and indirect shareholding in Afarak has increased to 13,897,071 shares, which corresponds to 5.02 percent of Afarak's total shares and voting rights [2]. - The total number of shares and voting rights of Afarak is 277,041,814 [3]. - The breakdown of shares held by Jorma Nieminen includes 4,586,400 direct shares and 9,310,671 indirect shares, resulting in a total of 13,897,071 shares [4]. Company Overview - Afarak Group is a specialist alloy producer focused on sustainable growth, with operations in southern Europe (Speciality Alloys) and South Africa (FerroAlloys) [5].

Core Points - The Board of Directors of Afarak Group SE has approved a capital redemption of EUR 0.005 per share based on the authorization from the Annual General Meeting held on 3 June 2025 [1] - The capital redemption will be distributed to shareholders registered in the Company's shareholders' register on the record date of 13 February 2026, with payments made on 20 February 2026 [2] - Afarak Group is a specialist alloy producer focused on sustainable growth, operating in southern Europe and South Africa, and is listed on NASDAQ Helsinki and the London Stock Exchange [3]

Financial Reporting Schedule - The Company will publish its Full Year 2025 Results on February 27, 2026 [1] - The Annual Report for 2025 will be released during the week commencing March 23, 2026 [1] - The report for the six months ending June 30, 2026, is scheduled for August 14, 2026 [1] - The Annual General Meeting is set for June 9, 2026, with a separate notice to be published prior to the meeting [1] Production Reports - Production reports for Q1 2026 will be issued by April 30, 2026 [2] - Production reports for Q3 2026 will be issued by October 30, 2026 [2] Company Overview - Afarak Group is a specialist alloy producer focused on sustainable growth, with operations in Southern Europe and South Africa [3] - The Company is listed on NASDAQ Helsinki (AFAGR) and the London Stock Exchange (AFRK) [3]

Group 1 - The Financial Supervisory Authority (FIN-FSA) has released information regarding Dr. Danko Koncar, which is not directly related to the company but requires Afarak to inform its shareholders [1] - Afarak Group SE is a specialist alloy producer focused on sustainable growth, with operations in southern Europe and South Africa [2] - The company is listed on both NASDAQ Helsinki and the London Stock Exchange [2] Group 2 - Additional information can be obtained from the company's CEO, Guy Konsbruck, through provided contact details [2] - Financial reports and investor information are accessible on the company's official website [2] - The distribution of the release includes NASDAQ Helsinki, London Stock Exchange, and major media outlets [3]

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].

Core Insights - NioCorp and IBC Advanced Alloys have successfully produced a 0.2% aluminum-scandium alloy, confirming readiness for custom part fabrication and advancing scandium applications [1][2][3] Company Updates - The successful casting of the aluminum-scandium alloy is a significant step towards potential downstream alloy manufacturing and custom-part readiness for both NioCorp and IBC [2][4] - NioCorp aims to develop a reliable domestic scandium supply chain for defense and commercial markets, with the ability to produce functional parts from the alloy [3][5] - IBC has extensive experience in producing custom components from various alloys, which supports the new commercial applications for scandium-containing materials [4][9] Industry Context - Global consumption of scandium oxide is estimated at 30 to 40 tonnes per year, primarily sourced as a by-product from other mining operations, with no commercial-scale production in the U.S. [4] - The limited global use of scandium is attributed to a lack of reliable supply, with most supply coming from China, which has restricted exports for dual-use applications [4] - There is growing interest in scandium from sectors such as aerospace, automotive, and defense, which seek lighter and stronger components [4][8] Future Plans - NioCorp plans to produce approximately 100 tonnes per year of scandium oxide at its Elk Creek Critical Minerals Project, alongside niobium and titanium products [5][8] - The company is also evaluating the potential to produce several rare earths from the Elk Creek Project, addressing U.S. reliance on foreign producers [5][8]

Group 1 - The resolution to reduce the share capital of Afarak Group SE by EUR 22,642,049.60 has been registered in the Finnish Trade Register [1][2] - Following the reduction, the company's share capital now amounts to EUR 1,000,000, with no effect on the number of shares [2] - The reduced amount has been transferred to the reserve for invested unrestricted equity as per the resolution [2] Group 2 - Afarak Group is a specialist alloy producer focused on sustainable growth, operating a Speciality Alloys business in southern Europe and a FerroAlloys business in South Africa [3] - The company is listed on NASDAQ Helsinki and the Main Market of the London Stock Exchange [3]