The Glencore Merafe Chrome Venture has announced that the Boshoek and Wonderkop ferrochrome smelters will be restarted, following the conclusion of the detailed terms and conditions of negotiated pricing agreements (NPAs) with Eskom.
The NPAs, Glencore Marafe said, gave full effect to the 62c/kWh tariff, which had been approved by the National Energy Regulator of South Africa (Nersa) for both the venture and for Samacor Chrome.
“The conclusion of the NPAs enables the restart of the Boshoek and Wonderkop smelters, marking a critical step in stabilising and rebuilding the venture’s smelting operations,” Glencore Merafe said in a statement.
“The revised NPAs provide a stable three-year electricity pricing framework, enabling greater operational flexibility and supporting the sustainable operation of the venture’s smelters.”
Glencore Merafe added that it was now focused on executing a safe restart while advancing a sustainable path forward for its operations and the broader sector.
