Afarak Group Plc - Quarterly report

AFARAK GROUP - AFARAK COMPLETES €3 MILLION SHAKING TABLE INVESTMENT PROJECT

09:00 London, 11:00 Helsinki, 09 May 2016 - Afarak Group Plc ("Afarak" or "the
Company") (LSE: AFRK, OMX: AFAGR)

AFARAK GROUP - AFARAK COMPLETES SHAKING TABLE PROJECT

                    €3 million investment project completed
            Project will achieve up to 40% mass yield from tailings

Work  on  the  24-table  project  started  in June 2015 and after finalizing the
commissioning  in and testing process  in April 2016, the plant  is now ready to
commence full production. Over 90 people were employed on the project during its
construction phase.  20 new jobs have been created as a result of the €3 million
investment.
The  shaking table technology is being implemented  by Afarak both in Turkey and
South  Africa.  It  is  an  environmental-friendly  technology which enables the
treatment  of tailing dumps for chrome.  Results from the Stellite shaking table
Plant show that mass yield from the tailings will be up to 40% and the plant has
a monthly capacity of 5,000 tones per month.
Dr  Alistair Ruiters, CEO, said that the shaking table project embodies Afarak's
vision.   "Afarak  is  today  positioning  itself  as a technology company.  The
shaking  table  project  allows  us  to  increase  our  yield from tailings thus
reducing  our  cost  per  ton.   Our  propriety  technology further confirms our
commitment  to new  investment and  to establishing  Afarak as  a leader  in the
sector."

Contact:

Media

Jean Paul Fabri
PR & Communications Manager
jp.fabri@afarak.com


About Afarak

Afarak  is a  vertically-integrated specialist  alloys company.   Throughout its
various  operations  in  South  Africa,  Turkey  and  Germany,  Afarak extracts,
processes,  markets  and  trades  its  specialised  metals.  Trusted by a highly
diversified  customer  base  that  includes  industry leaders from the aviation,
nuclear,  oil &  gas and  automotive sectors;  the Company  is able to produce a
unique  alloy mix for every customer. As the Company aims to create value across
the   product-chain,   Afarak  remains  committed  to  sustainable  development,
investment   and   to   delivering  a  healthy  financial  performance  for  its
shareholders.  Afarak is listed on the Helsinki Stock Exchange (AFAGR (OMX)) and
the London Stock Exchange (AFRK).




[HUG#2010528]

Attachments:

Afarak Group Shaking Table Investment.pdf