Glencore will meet with the South African government this week to seek ways to prevent smelters that make a key stainless steel ingredient from shedding thousands of jobs as they grapple with surging power prices. Japie Fullard, CEO of Glencore Alloys, will meet Electricity Minister Kgosientsho Ramokgopa on Friday in an effort to save its venture with Merafe Resources that processes chrome ore into ferrochrome, the executive said in an interview. A ministry spokesperson confirmed the meeting.
