The London and Helsinki-listed mining and metallurgical group, which operates the Mogale Alloys chrome operation in South Africa, expects to report negative earnings before interest, taxes, depreciation and amortization (Ebitda) of about €1 million ($1.2 million).
“Following a 30% drop in the charge chrome benchmark price from a year earlier on one side, and the significantly increased prices of raw materials, graphite electrodes and ferro-silicon on the other,...
