The National Transmission Company South Africa (NTCSA) reports that it remains open to finding a solution for the Mozal aluminium smelter. But it also insists that any new electricity supply agreement with the Mozambican facility should safeguard its financial stability and protect South African electricity consumers from unintended costs. In a statement following an announcement by South32 that Mozal would be placed into care and maintenance when a 20-year electricity deal expired on March 15, the Eskom Holdings subsidiary indicated that Mozal required an electricity price that was “significantly lower than the direct cost of supply”.
