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An announcement from Afarak Group Plc ( (GB:AFRK) ) is now available.
Afarak Group’s production report for Q3 2025 indicates a mixed performance, with a notable increase in specialty segment output by 23% compared to the previous year. However, overall production decreased by 51.4% due to reduced South African mining activity following the sale of the Zeerust mine and preparation work at other sites. Despite these challenges, processing volumes increased by 24.4%, and Turkish mining activity rose by 41.3%. The demand for chrome ore remains strong in China, with improving price trends, although the weakening US currency impacts profitability.
More about Afarak Group Plc
Afarak Group is a specialist alloy producer focused on sustainable growth with a Specialty Alloys business in southern Europe and a FerroAlloys business in South Africa. The company is listed on NASDAQ Helsinki and the Main Market of the London Stock Exchange.
See more data about AFRK stock on TipRanks’ Stock Analysis page.