Afarak Group SE is a Finland-based, vertically integrated producer of speciality alloys, focusing on chrome mining and minerals production with operations spanning South Africa, Turkey, Germany, and a... Afarak Group SE is a Finland-based, vertically integrated producer of speciality alloys, focusing on chrome mining and minerals production with operations spanning South Africa, Turkey, Germany, and administrative offices in London, Helsinki, and Malta. The company operates through two primary segments: FerroAlloys, which includes mines such as Vlakpoort, Zeerust, and Mecklenburg in South Africa, producing chrome ore, charge chrome, medium carbon ferrochrome, and silicomanganese; and Speciality Alloys, featuring Turk Maadin Sirketi A.S. in Turkey for mining and beneficiation, and Elektrowerk Weisweiler GmbH in Germany for processing chromite into low and ultra-low carbon ferrochrome. Afarak Group SE extracts, processes, markets, and trades these specialized metals, supplying them globally to industries including aviation, nuclear, oil and gas, automotive, aerospace, steel, and stainless steel via its dedicated Afarak Trading arm. Incorporated in 1985 and headquartered in Helsinki, the company employs around 600 people and emphasizes sustainable growth as a critical metals provider in the basic materials sector, particularly industrial metals and mining.
We reviewed Afarak Group's website and available disclosure materials for the 2024 reporting period and did not identify any reported Climate Targets data.
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