The Glencore Merafe Chrome Venture has confirmed that it has submitted a “final counterproposal” to Eskom in relation to the terms and conditions associated with the electricity utility’s 62c/kWh tariff offer, describing Eskom’s current conditions as “commercially unworkable”. Glencore Merafe confirmed the counter proposal in response to a statement by the National Union of Metal Workers of South Africa (Numsa), in which it denounced both Glencore Merafe and Samancor Chrome for pressing ahead with Section 189 retrenchment processes despite Eskom’s offer, which was made on February 27.
