Good News for Samancor Chrome and Glencore–Merafe Chrome Shareholders
Friday, 10 April 2026: The Eskom Smelter Task Team has concluded a 62c/kWh electricity tariff for Samancor Chrome and Glencore–Merafe Chrome ferrochrome smelters. The tariff intervention improves Eskom’s liquidity without requiring higher tariffs, additional Eskom borrowing, or further government support. It also provides Eskom with predictable sales volumes for up to the next five years...
