Merafe Resources Ltd
JSE:MRF
Operating Margin
Merafe Resources Ltd
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Operating Margin Across Competitors
| Country | Company | Market Cap |
Operating Margin |
||
|---|---|---|---|---|---|
| ZA |
M
|
Merafe Resources Ltd
JSE:MRF
|
3.2B Zac |
16%
|
|
| ZA |
K
|
Kumba Iron Ore Ltd
JSE:KIO
|
87.3B Zac |
32%
|
|
| BR |
|
Vale SA
BOVESPA:VALE3
|
213.1B BRL |
28%
|
|
| AU |
F
|
Fortescue Ltd
XMUN:FVJ
|
25.5B EUR |
37%
|
|
| US |
|
Nucor Corp
NYSE:NUE
|
28.9B USD |
7%
|
|
| AU |
|
Fortescue Metals Group Ltd
ASX:FMG
|
44.5B AUD |
37%
|
|
| IN |
|
JSW Steel Ltd
NSE:JSWSTEEL
|
2.4T INR |
8%
|
|
| LU |
|
ArcelorMittal SA
AEX:MT
|
22.3B EUR |
6%
|
|
| IN |
|
Tata Steel Ltd
NSE:TATASTEEL
|
1.9T INR |
7%
|
|
| CN |
|
Baoshan Iron & Steel Co Ltd
SSE:600019
|
144.7B CNY |
3%
|
|
| JP |
|
Nippon Steel Corp
TSE:5401
|
2.9T JPY |
6%
|
Merafe Resources Ltd
Glance View
Merafe Resources Ltd., based in South Africa, is a pivotal player in the world of ferrochrome production. The company operates through a joint venture with Glencore, a global mining and commodity trading giant. Known as the Glencore-Merafe Chrome Venture, this partnership harnesses Merafe's local expertise alongside Glencore's international strength. The venture owns a suite of chrome mines and smelters that are strategically located in the mineral-rich Bushveld Complex, which is home to the largest reserves of chrome ore in the world. Merafe's role in the venture focuses on optimizing production efficiencies and maintaining high environmental and operational standards, contributing to a significant portion of the world's ferrochrome, a key ingredient in stainless steel manufacturing. Merafe generates its revenue by selling its share of the ferrochrome production to global markets, with demand driven predominantly by the stainless steel industry. Their operations benefit from economies of scale, and the joint venture business model helps to mitigate risks associated with fluctuating commodity prices and market demand. The income generated from selling ferrochrome is then used to reinvest in the business, ensuring they remain competitive through innovation and sustainability initiatives. This approach not only bolsters their financial performance but also strengthens their position within the global ferrochrome industry.
See Also
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Based on Merafe Resources Ltd's most recent financial statements, the company has Operating Margin of 16%.
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