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.

Based ferrochrome producer, Zimasco Private Limited, has temporarily switched off two furnaces thereby cutting operations by 25 percent as it seeks to mitigate against the ever-increasing production costs amid a global market downturn.

JSE-listed Merafe’s attributable ferrochrome production from the Glencore Merafe Chrome Venture for the six months ended June 30 was 185 000 t.

Mining giants BHP Group and Vale faced off in a London court on Wednesday over who should accept legal and financial responsibility in a potential 36-billion pound ($44-billion) lawsuit stemming from Brazil's worst environmental disaster.