chrome mining

The Glencore-Merafe chrome venture withdrew its Section 189 retrenchment process after South African energy regulator Nersa approved discounted tariffs for ferrochrome producers. This tariff relief reduces operational costs and preserves jobs in South African chrome mining operations.

Glencore Merafe Chrome Venture submitted a counterproposal to Eskom's 62c/kWh electricity tariff offer, calling the utility's current conditions "commercially unworkable." This pricing dispute highlights ongoing energy cost pressures on South African mining operations and could affect chrome production economics.