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.
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