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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.

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

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.