S. Africa chrome producers shedding jobs in dire market
Nov 06, 2012 | 12:39 PM
|
Tags
chrome,
ferrochrome,
Xstrata Alloys,
International Ferro Metals,
IFM,
Hernic Ferrochrome,
JIC Mining,
strike
National Union of Metalworkers of South Africa
JOHANNESBURG South African chrome companies were hit by job cuts last week at Xstrata Alloys and JIC Mining Services Ltd.
Rustenberg, South Africa-based Xstrata Alloys on Nov. 2 said it dismissed 400 workers who were on an illegal strike at its Rustenburg Mine.
Earlier the same day, the trade union Solidarity said that Randjespark, South Africa-based chrome mine contractor JIC Mining Services Ltd. was planning to lay off more than 800 employees working at the South African operations of Hernic Ferrochrome Pty. Ltd. and International Ferro Metals Ltd. (IFM). The workers at Brits, South Africa-based Hernic would be furloughed by the end of November, with those at IFM, near Marikana, to come when their contract comes to an....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here