Operational reviews - Ferrous

ARM Ferrous

André Joubert
Chief executive – ARM Ferrous

KEY FEATURES FOR F2023

World-class safety performance

Robust free cash flow generation

Completion of the Black Rock and Gloria projects

Total iron ore production and sales volumes were down 14% and 12% respectively

Average realised export iron ore price down 13%

Total manganese ore production was up 3%

Manganese ore realised prices were lower. The average 44% and 37% manganese ore prices (CIF) declined by 16% and 13% respectively

Material matters

  • Production and sales volumes negatively impacted by logistics challenges
  • Continuing water supply challenges to Khumani Mine
  • Above-inflation increases in costs

Structure

PGM production process