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News24 Business | Merafe warns it may suspend ferrochrome furnaces, putting thousands of jobs at risk

Summary by News24
Merafe has launched a review of its struggling ferrochrome smelting business in SA and has warned some furnaces may be suspended in May this year should viable solutions not be found.

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News24 Business | Merafe warns it may suspend ferrochrome furnaces, putting thousands of jobs at risk

Merafe has launched a review of its struggling ferrochrome smelting business in SA and has warned some furnaces may be suspended in May this year should viable solutions not be found.

·South Africa
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MiningmxMiningmx

Merafe may shut smelters from May as pressure mounts

MERAFE Resources has launched a review of its South African ferrochrome smelting business warning on Monday that furnaces could be mothballed by May unless solutions are found. A business review of its ferrochrome smelting business will assess “potential measures to address the ongoing market challenges”, said Merafe. Merafe has a 20.5% stake in the Glencore-Merafe Chrome Venture. The review follows sustained pressure from the prolonged economic…

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Zimbabwe SituationZimbabwe Situation

Ferrochrome producer in multi-million dollar expansion drive  - Zimbabwe Situation

Source: Ferrochrome producer in multi-million dollar expansion drive -Newsday Zimbabwe Ferrochrome GWERU-BASED Chinese ferrochrome producer Jinan has embarked on an expansion drive to improve its furnace to produce high grade ferrochrome and the installation of a solar-powered generation system. Speaking during a provincial media tour organised by the Information, Publicity and Broadcasting Services ministry, Jinan finance manager Munyaradzi Ma…

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News24 broke the news in South Africa on Monday, February 3, 2025.
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