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Afarak Group Reports Increased Production in Q1 2025 Amid Regional Challenges

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Afarak Group Reports Increased Production in Q1 2025 Amid Regional Challenges

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The latest announcement is out from Afarak Group Plc ( (GB:AFRK) ).

In the first quarter of 2025, Afarak Group reported a 15.2% increase in production compared to the same period last year. Despite a significant drop in South African mining activity due to heavy rainfall, the company saw an 18.4% increase in mining activity in Turkey, supporting its processing plant in Germany and capitalizing on improved Chrome Ore prices.

More about Afarak Group Plc

Afarak Group is a specialist alloy producer with a focus on sustainable growth, operating a Speciality Alloys business in Southern Europe and a FerroAlloys business in South Africa. The company is listed on NASDAQ Helsinki and the London Stock Exchange.

Learn more about AFRK stock on TipRanks’ Stock Analysis page.

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