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Afarak Group SE
Kaisaniemenkatu 4
Phone: +358 503721130p:+358 503721130 HELSINKI, 00100  Finland Ticker: AFAGRAFAGR
Business Summary
Afarak Group Plc, formerly Ruukki Group Oyj, is a Finland-based company active in the steel sector. The Company’s business comprises two production divisions, FerroAlloys and Speciality Alloys, and a sales and marketing operation, RSC Limited. The FerroAlloys business consists of the Stellite mine, the alloy processing plant Mogale and the Mecklemburg development project in South Africa and the Waylox mine development project in Zimbabwe. The business produces chrome ore, Charge Chrome, Silico Manganese and Stainless Steel Alloy and exports chrome ore directly to global markets, particularly to China. The Spieciality Alloys business consists of the TMS mining and beneficiation operation in Turkey and the EWW, chromite concentrate processing plant in Germany. TMS supplies EWW with chromite concentrate which is used in Specialised Low Carbon and Ultralow Carbon Ferrochrome. Surplus chrome ore is exported from TMS mainly to China. The Company operates a number of subsidiaries worldwide.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
6/30/202412/31/2023Yes----

Industries
SIC Code Description
1099 Miscellaneous metal ores, not elsewhere classified
3325 Steel foundries, not elsewhere classified
3355 Aluminum rolling and drawing, not elsewhere classified
3341 Secondary smelting and refining of nonferrous metals

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board ThorsteinAbrahamsen 11/1/2019 5/23/2017
Non-Executive Chairman of the Board JelenaManojlovic 68 5/23/2017 7/11/2008
Chief Executive Officer GuyKonsbruck 10/12/2023 12/9/2016
5 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
Chromex Mining Plc 27-28 Eastcastle Street London ENG United Kingdom

Business Names
Business Name
A Company Finland Oyj
AFAGR
Afarak Commodities Ltd
33 additional Business Names available in full report.

General Information
Number of Employees: 588 (As of 6/30/2024)
Outstanding Shares: 261,000,300 (As of 6/30/2024)
Shareholders: 8,387
Stock Exchange: HEL
Fax Number: +358 104407001


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Wednesday, November 20, 2024