Eskom concludes negotiated tariff agreement with ferrochrome smelters
Eskom reports that its Smelter Task Team has concluded a 62c/kWh electricity tariff for Samancor Chrome and Glencore–Merafe Chrome ferrochrome smelters. This is in the context of continuing difficulties facing South Africa’s ferrochrome sector, including high electricity prices, in a sharply competitive global market, the prospect of smelters closing and potential job losses. The tariff intervention is structured to improve 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 and protects public investments made in the utility, as well as its ability to support reindustrialisation and economic growth.





