ARM FERROUS

Headline earnings from continuing operations increased by 6% to
R3.5 billion

Assmang paid a dividend of R6 billion to its shareholders.

Additional capital expenditure was approved for Gloria Mine.

The LTIFR improved by 24% to 0.13 per 200 000 man-hours.

The Manganese division’s headline earnings increased by 64%.

Medium-term manganese export capacity allocation (MECA2) was concluded with Transnet.