Millions Lost Daily as SA Mineral Exports Blocked From Entering Mozambique

  • Tuesday, November 12, 2024
  • Source:ferro-alloys.com

  • Keywords:chrome ore, ferrochrome, iron, steel
[Fellow]The temporary closing of the Lebombo border crossing into Mozambique from South Africa, triggered by escalating protests over last month’s disputed election, is a fresh setback to South African chrome producers and other miners.

[Ferro-Alloys.com] 

Millions Lost Daily as SA Mineral Exports Blocked From Entering Mozambique

The temporary closing of the Lebombo border crossing into Mozambique from South Africa, triggered by escalating protests over last month’s disputed election, is a fresh setback to South African chrome producers and other miners.

In a sign of the ripple effect from the border closure and the mounting unrest, South African logistics company Grindrod said on Thursday that it had suspended its port and terminal operations in Mozambique.

South African minerals producers, notably chrome miners, have increasingly been pushing their exports through Maputo – the main destination is China – as the state-run logistics company Transnet went off the rails.

Chrome producer Tharisa moves about a third of its chrome via Maputo and spokesperson Ilja Graulich told that the company had no trucks currently in Mozambique and would for now divert any product destined for there to other ports such as Durban.

Of the 17.7 million tonnes of chrome ore and concentrate that South Africa exported in 2023 (which was an all-time high), 9.4 million, or 53%, was exported through Maputo.
 
“Importantly, by far the majority of that 9.4 million was trucked by road to Maputo.”
 
"According to the Minerals Council, there are a few weeks of chrome inventory at the Maputo harbour."
 
“However, Grindrod has stopped port operations, which further constrains flows of chrome to overseas customers. A prolonged border closure of weeks rather than days will have a serious impact on South African chrome exports,” it says.
 
  • [Editor:邢亚敏]

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