Afarak achieved a positive EBITDA of €4.2 Million for the six months ended 30 June 2024. This is no small achievement in a very difficult business environment. Higher realized chrome ore prices helped counterbalancing Low Carbon Ferrochrome prices that remained under pressure, mainly due to the presence of massive inventory of Russian material and low-cost imports, especially from India. The efficiency of our operations provided some buffer to protect our profitability.