Gweru-based ferrochrome producer, Jinan-Almid (Pvt) Limited says plans are underway to commence power generation with a target of producing at least 720 megawatts of electricity.

The application of State electricity utility Eskom for a six-year negotiated pricing agreement for the Glencore-Merafe ferrochrome smelter operation in Rustenburg, in the North West Province, has been approved by South Africa’s energy regulator Nersa.

Outokumpu has ambitious sustainability goals and is constantly looking for options to further reduce carbon dioxide emissions in the industry and from the company’s stainless steel production.

The Energy Regulator has approved six-year negotiated pricing agreements (NPAs) for ferrochrome smelters operated in South Africa by both Glencore-Merafe Chrome Venture and Samancor Chrome

Shareholders of Merafe Resources are advised that the European benchmark ferrochrome price for the fourth quarter of 2023 has been settled at 153 US cents per pound, an increase of 1.32% from the third quarter of 2023.

The greenfield smelter capacity in Kalinganagar will be commissioned by FY26, and mining expansions will take six to seven years.

Merafe Resources Limited (JSE: MRF, A2X: MRF) has announced its unaudited condensed consolidated financial results for the first half of 2023.

I got to see the ‘true’ side of Zimbabwe and yes, the country is open for investment.