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South Africa's Eskom concludes 62c/kWh power tariff for Samancor Chrome, Glencore-Merafe smelters

Fri, 10th Apr 2026 09:58

JOHANNESBURG, April ​10 (Reuters) - ⁠South African state-owned ​power utility ​Eskom ‌said on ⁠Friday that ⁠a task ​team had concluded an electricity tariff ​of ‌62 cents per kilowatt hour ​for the Samancor ‌Chrome and Glencore-Merafe Chrome ferrochrome ‌smelters.

The tariff intervention would improve ​Eskom's liquidity without requiring ‌higher consumer tariffs, additional borrowing or ⁠further ⁠government ‌support, it said ​in a ​statement. (Reporting ‌by Nilutpal Timsina; Editing by Alexander Winning)

Corporate News Commodities Oil & Gas Mining Construction & Materials Consumer Goods Food & Beverages Utilities Glencore

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