Merafe resources: Lion ferrochromium smelter and Eastern chromium mine have resumed operation

Published: May 11, 2020 14:13

SMM5, March 11: recently, Merafe Resources said that, Glencore Merafe Chrome Venture's Lion ferrochromium smelter and Eastern chromium mine have resumed operations, but the Boshoek,Rustenburg,Wonderkop,Lydenburg smelter and Kroondal mine will continue to be maintained and maintained until the macroeconomic environment improves.

During a five-week lock-up period that began in May to curb the spread of Covid-19 in South Africa, the joint venture stopped all production, with 20.5 per cent of JSE-listed Merafe participation and 79.5 per cent diversification of mining and marketing company Glencore.

Merafe said that now, in addition to Lion and Eastern Chrome, the joint venture's upper second plant (UG2) will also restart in phases after the platinum mine resumes operations. Glencore Merafe Chrome Venture has imposed strict epidemic restrictions and has carried out a return process for each operation, including screening, testing and physical intervals, in accordance with South African government regulations on the epidemic.

The company said it had decided to remain idle at the joint venture's Boshoek,Rustenburg,Wonderkop,Lydenburg smelter and Kroondal mine against a backdrop of challenges in the macroeconomic environment even before the outbreak hit. Zanele Matlala, chief executive of Merafe, said the joint venture would continue to support its staff and community projects.

2020 China Nickel Chromium stainless Steel Industry Market and Application Development Forum

Scan QR codes, apply to attend the meeting or join the SMM Metal AC Group

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
LB Group Announces Second TiO₂ Price Hike in March Due to High Raw Material Costs
13 hours ago
LB Group Announces Second TiO₂ Price Hike in March Due to High Raw Material Costs
Read More
LB Group Announces Second TiO₂ Price Hike in March Due to High Raw Material Costs
LB Group Announces Second TiO₂ Price Hike in March Due to High Raw Material Costs
[SMM Titanium Express] LB Group issued a price adjustment notice. Effective March 16, prices for all Billions brand TiO₂ products will increase by RMB 500/ton for domestic market and USD 100/ton for overseas market. This marks the second price hike announcement this month, as high raw material costs continue to pressure industry profitability, driving the market upward.
13 hours ago
[SMM Tungsten Analysis] Global Tungsten Prices Surge Amid Supply Shortages and Seller-Dominated Market
13 hours ago
[SMM Tungsten Analysis] Global Tungsten Prices Surge Amid Supply Shortages and Seller-Dominated Market
Read More
[SMM Tungsten Analysis] Global Tungsten Prices Surge Amid Supply Shortages and Seller-Dominated Market
[SMM Tungsten Analysis] Global Tungsten Prices Surge Amid Supply Shortages and Seller-Dominated Market
As of March 16, tungsten prices in China saw a slight correction, with APT quoted at 1.505 million yuan/mt. The market's fear of high prices was released, entering a phase of rational wait-and-see. Outside China, supply remained persistently tight, with the average APT Rotterdam price at $2,200/mtu, while weekly gains in tungsten scrap prices in India and Europe exceeded 25%.
13 hours ago
[SMM Analysis]  Tungsten Market Shifts to High-Level Shock; Sentiment Turns Cautious Amid Intensified Supply-Demand Game
Mar 14, 2026 17:27
[SMM Analysis] Tungsten Market Shifts to High-Level Shock; Sentiment Turns Cautious Amid Intensified Supply-Demand Game
Read More
[SMM Analysis]  Tungsten Market Shifts to High-Level Shock; Sentiment Turns Cautious Amid Intensified Supply-Demand Game
[SMM Analysis] Tungsten Market Shifts to High-Level Shock; Sentiment Turns Cautious Amid Intensified Supply-Demand Game
SMM March 13: This week, China’s domestic tungsten market exhibited high-level oscillations with intensified supply-demand competition. Multiple mines put products up for auction during the week, but transactions were bleak.As of March 13, tungsten prices remained largely stable, yet market sentiment became extremely divided.
Mar 14, 2026 17:27
Merafe resources: Lion ferrochromium smelter and Eastern chromium mine have resumed operation - Shanghai Metals Market (SMM)