South Africa’s Eskom cuts electricity tariffs for two struggling ferrochrome firms

South Africa’s power utility Eskom on Friday announced a further 29% reduction in electricity prices for two distressed ferrochrome firms in a bid to avert thousands of jobs losses. Samancor Chrome and Glencore’s joint venture with Merafe Resources will now pay 62 South African cents per kilowatt-hour under the new tariff, down from an interim… Source


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