South Africa: Eskom Enters Agreement with Samancor and Glencore-Merafe

South Africa: Eskom enters agreement with Samancor and Glencore-Merafe

At the same time, a long-term solution is being developed, Eskom added

Eskom enters agreement with Samancor and Glencore-Merafe

Image credit: Reuters/Siphiwe SibekoEskom said South Africa is working on ways to support its ferrochrome industry, announcing agreements with Samancor Chrome and the Glencore-Merafe Chrome Venture. Read more...

SA smelters to re-open after Eskom agrees to talks

ESKOM has agreed to enter into talks for a new electricity tariff that will see South African smelters reopen, on a limited basis, and potentially save more than 3,000 jobs. Dan Marokane, CEO of the state-owned power utility said on Monday it had signed a memorandum of understanding with the Glencore–Merafe Chrome Venture and Samancor Chrome. This was following constructive meetings on Friday that included Kgosientsho Ramokgopa, energy and elect…