Afarak Group
Danko Koncar held the position as the Chief Executive Officer of the Company 12.2.2013- 21.5.2015, after which he has continued as the Business Development Director of the Company. He has extensive experience in minerals processing and trading, including 20 years in ferrochrome processing with six years of experience in the application of direct current technology to ferrochrome processing. He has served as Chairman of Samancor Chrome, General Director of RCS Ltd, and is General Director of Kermas. He was Acting Managing Director of the Company between October 2010 and May 2011. Dr. Koncar is dependent on a major shareholder of the Company through his controlled entity Kermas Ltd.
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Afarak Group
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.