Eskom concludes 62c/kWh electricity tariff for Samancor Chrome and Glencore–Merafe Chrome ferrochrome smelters and embarks on the next stage of tariff interventions

Eskom tariff for ferrochrome “needs to be replicated”

Merafe reiterated, in the release, that its smelting operations took strain in 2025.

GLENCORE Merafe Joint Venture said on Friday it would keep its ferrochrome operations in South Africa open for another month, until the end of March, in order to finalise terms for a lower electricity tariff that would ensure its production was sustainable.

GLENCORE Merafe Joint Venture said on Friday it would keep its ferrochrome operations in South Africa open for another month, until the end of March, in order to finalise terms for a lower electricity tariff that would ensure its production was sustainable.

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.

Outokumpu financial statements release 2025 – Year ended weak with headwinds in business area Europe; more favorable dynamics expected in 2026