ChromeSA welcomes negotiated electricity pricing concession

Independent chrome ore producers group ChromeSA has welcomed the finalisation by the Department of Mineral Resources and Energy (DMRE) of a short-term framework for negotiated pricing agreements, which will allow companies negatively affected by the high costs of power to negotiate lower electricity tariffs with those entities who supply their power. “This welcome move by government will provide critical support to our colleagues in the ferrochrome industry, who have highlighted the desperate impact that escalating power costs have on their ability to compete in global markets.