Latrobe Magnesium (LMG) has achieved sustained magnesium oxide (MgO) production at its Hazelwood North demonstration plant in Victoria’s Latrobe Valley, marking a key milestone as the company advances toward first magnesium metal output later this year.
Eskom announced on Friday that it had extended an eleventh-hour 62c/kWh tariff offer to ferrochrome producers Glencore?Merafe Chrome Venture and Samancor
GLENCORE CEO Gary Nagle said he was confident Eskom will grant the group a 54% electricity tariff reduction before the end of February, a development that would enable the group to restart ferrochrome production.