[SMM Chromium Flash] South Africa's Chrome Industry Balances Ore Export Growth Against Costly Ferrochrome Processing

[SMM Flash] The coltan-rich Rubaya mining area in eastern Democratic Republic of Congo remains central to the region’s conflict and the global race for critical minerals. Reuters reporting from the area found that M23 controls the mines and has established an organised system covering mining, transportation and taxation. Rubaya is reported to produce a significant share of global coltan, from which tantalum is extracted for electronics, aerospace and medical applications. The reporting also highlighted harsh artisanal mining conditions, including the involvement of children, limited safety equipment and intense physical labour, while M23 reportedly collects taxes on production and controls who can trade the ore. The mineral trade is increasingly intertwined with diplomatic efforts to end the conflict. A US-backed peace process between the DRC and Rwanda and Qatar-mediated talks between the DRC and M23 are seeking to establish a lasting settlement, with access to the DRC’s vast mineral resources also attracting Western investment interest. However, analysts cited by Reuters stressed that peace agreements alone may not be sufficient without stronger mineral traceability to prevent smuggling and conflict financing. The DRC is also seeking to diversify investment and reduce its dependence on China, which remains deeply involved in the country’s copper and cobalt supply chains.

A dam wall failure at compartment 1B of Samancor Chrome's Dikwena tailings storage facility near Brits, North West province, released the bulk of its stored waste material on 13 August 2026, sending sludge toward the neighboring Eland Mine, operated by Northam Platinum. The spill blocked an access road to Eland's Maroelabult shaft, damaged a railway line and Eskom power infrastructure — triggering power interruptions in Brits and surrounding areas — and polluted a nearby watercourse. A railway embankment and earthen berms prevented the material from reaching the adjacent R566 public road. No injuries or fatalities have been reported. Samancor Chrome's CEO acknowledged that while a third party operates the facility, the company accepts full responsibility for the incident, and clean-up and repair teams have since restored access to the affected routes and begun repairing damaged Eskom infrastructure. South Africa's Department of Water and Sanitation, alongside the Limpopo-Olifants Catchment Management Agency, has opened a formal investigation and collected water samples from the affected area to assess the extent of contamination. Mineral and Petroleum Resources Minister Gwede Mantashe visited the site on 17 August alongside Water and Sanitation Deputy Minister David Mahlobo for a high-level assessment of the damage. Preliminary analysis points to a combination of factors behind the failure, including light rainfall in the days before the collapse and possible structural vulnerability in the facility's design. According to one tailings expert, the affected dam was a newly engineered structure that only began operating in 2024, following the re-mining of an older facility on the same site between 2019 and 2022 — meaning the failure occurred roughly two years into the new facility's operating life. The findings of the ongoing government investigation are expected to determine the precise cause and any regulatory or remedial action required.

[ADC12 Daily Price Review: Aluminum Alloy Futures Consolidate and Pull Back, Spot Prices Generally Fall] The ADC12 market price was generally weak today, with most enterprises cutting prices by around 100 yuan/mt, while a few temporarily maintained stability.