US EditionSA chrome tax not a balanced approach to development
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SA chrome tax not a balanced approach to development
VALTERRA Platinum described a proposed chrome tax as not a balanced approach to economic development in South Africa. Earlier this month, South Africa’s Cabinet approved an export tax on chrome concentrate to arrest the decline in the country’s ferrochrome industry. One of South Africa’s largest ferrochrome producers, the Merafe-Glencore Joint Venture, announced it had suspended operations at its Wonderkop and Boshoek smelters after a business r…
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