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Expansion project increases SA ferrochrome capacity

Name and Location Lion ferrochrome complex Phase 2 expansion (Lion II) project, Limpopo, South Africa. Client Glencore-Merafe chrome joint venture (JV). 

Merafe H1 earnings fall 30% on impairments

By: Natalie Greve Following a caution by JSE-listed Merafe Resources last month that it expected impairments to drag down its earnings for the first half of the year, the ferrochrome producer on Tuesday posted a 30% drop in headline earnings a share for the six months ended June 30. The impairment loss, largely... 

Energy for Xstrata's R4,9bn Lion ferrochrome add-on, plus new R700m mine 

By: Martin Creamer The London-listed global ferrochrome leader Xstrata is pressing ahead with its long-delayed second-phase expansion of the Lion plant in South Africa, following an energy nod from Eskom augmented by the company's own self-generation plans. Going ahead concurrently will also be the development of... 


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