Eskom has signed a memorandum of understanding (MoU) with Samancor Chrome and the Glencore–Merafe Chrome Venture in a bid to finalise an electricity tariff solution that prevents the closure of additional smelting capacity, and averts the threat of widespread job cuts in the sector. In a statement, Eskom said a joint task team had been set up to develop the intervention following what the State-owned company described as constructive engagements held on December 5 with Electricity and Energy Minister Dr Kgosientsho Ramokgopa and organised labour.
