Merafe produces 40kt ferrochrome from Chrome Venture in Q3 2023

Sandton – Merafe’s attributable ferrochrome production from the Glencore Merafe Chrome Venture in the third quarter ended 30 September 2023 was 40kt, resulting in a decrease of approximately 21% in production for the nine months ended 30 September 2023 compared to the prior comparative period.

The reduction is due to planned pullback in production in response to market conditions. As previously reported, only the Lion smelter operated over the 3-month high electricity demand winter season, a period of elevated power prices.

Nine months ended

Attributable ferrochrome production

30 September 2023 … 225 kt

30 September 2022 … 286 kt