“We’re, for my part, pretty near a attainable answer,” Glencore Alloys CEO Japie Fullard mentioned throughout Merafe Sources query time earlier this week amid South Africa going all out to forestall its as soon as extremely profitable ferrochrome value-adding position from slipping out of its grasp. Final yr, South Africa produced within the area of 27-million tons of chrome ore however may solely convert seven-million tonnes of it into 3.5-million tons to three.6-million tons of ferrochrome. What lowers logistics constraints considerably is that two tons of uncooked chrome ore grow to be one ton of ferrochrome – however this benefit can be diminishing considerably.
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