Afarak Group SE

AFRK

Company Profile

  • Business description

    Afarak Group SE is a chrome mining and minerals producer focused on sustainable growth with a specialty alloys business in southern Europe and a ferroalloys business. The company has two operating segments FerroAlloys and Speciality Alloys. The FerroAlloys business consists of the plant Vlakpoort mine, Zeerust mine, and the Mecklenburg mine in South Africa. It produces chrome ore, charge chrome, medium carbon ferrochrome, and silicomanganese. The Speciality Alloys business consists of Turk Maadin Sirketi A.S, the mining and beneficiation operation in Turkey, and Elektrowerk Weisweiler GmbH, the chromite concentrate processing plant in Germany. The company operates in European countries, the United States, China, Africa, Finland, and Other countries.

  • Contact

    Kaisaniemenkatu 4
    Helsinki00100
    FIN

    T: +358 503721130

    E: [email protected]

    https://www.afarak.com

  • Sector

    Basic Materials

    Stock type

    Cyclical

  • Industry

    Other Industrial Metals & Mining

    Fiscal Year End

    31 December 2025

    Employees

    613

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Chart of the Week: Opportunities with wide-moat retailers

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New ASX share added to our best ideas

Earnings outlook is strong and the shares trade at a discount to our fair value.
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Fair value downgraded for ASX heavyweight

Our capital allocation rating was also lowered due to balance sheet weakness.

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