Groups proposal to change its name to Afarak Group was
approved at its extraordinary general meeting July 5.
include the Stellite chrome mine and Mogale Alloys processing
plant in South Africa, the TMS mining operation in Turkey and
the Electrowerk-Weisweiler chrome processor in Germany. The
company said it will make a further announcement on when the
name change will take effect.
The Helsinki-based ferroalloys producer also announced it
will pay non-executive board members serving on board
committees an additional 1,500 ($1,925) per month for
A version of this article was first published by AMM sister
publication Metal Bulletin.