Eskom has requested the energy regulator to approve an interim tariff of 87c/kWh in favour of Samancor Chrome and the Glencore-Merafe Chrome Venture as a temporary measure to sustain smelter operations while talks continue in relation to a longer-term solution...
The National Energy Regulator of South Africa (Nersa) has granted South Africa’s ferrochrome majors, Samancor and Glencore-Merafe Chrome Venture, a hefty 35% electricity relief in a desperate measure to save the country’s smelters and thousands of jobs.
South Africa’s ferrochrome industry faces mounting challenges as the Glencore-Merafe Chrome Venture reported a dramatic 63% collapse in ferrochrome output during 2025 compared to the previous year. The joint venture, in which Merafe Resources holds a 20.5% st...
Indian Metals & Ferro Alloys Ltd reported a robust set of numbers for Q3 FY '26, with EBITDA and PAT numbers showing significant improvement due to better ferrochrome pricing.