JSE-listed Merafe Resources’ attributable ferrochrome production from the Glencore Merafe chrome venture in the third quarter ended September 30, was 48 000 t.
This brought its attributable ferrochrome production for the nine months to September 30 to 168 000 t, a 37% decrease on the 266 000 t produced in the nine months to September 30, 2019.
Merafe attributed the decrease to production cutbacks in response to the Covid-19 pandemic, market conditions and electricity curtailments to a limited extent.
All smelters, except for Lydenburg, which is on care and maintenance, are operating, with Boshoek, Wonderkop and Rustenburg having resumed production in September.