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An update from Afarak Group Plc ( (GB:AFRK) ) is now available.
Afarak Group reported a correction in its Q3 2025 production report, noting a 28.3% increase in its specialty alloys segment compared to the same period in 2024. However, overall mining activity decreased by 51.4% due to the sale of the Zeerust mine and preparatory work at other sites. The company faces challenges from reduced ferrochrome demand in Western markets but benefits from strong ore demand in China and improving global market prices.
More about Afarak Group Plc
Afarak Group is a manufacturer of specialty alloys aiming for sustainable growth. The company operates in the specialty metals sector in Southern Europe and the ferroalloys sector in South Africa. Its shares are listed on NASDAQ Helsinki and the London Stock Exchange.
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