Cost cutting key for S. Africa ferrochrome producers: IFM

Feb 08, 2013 | 12:32 PM | Janie Davies

Tags  ferrochrome, South African producers, IFM, ferrochrome, chrome ore, Chris Jordaan, Eskom, Janie Davies

CAPE TOWN, South Africa — South African ferrochrome producers must cut operating costs to remain competitive in the face of steep power price increases, International Ferro Metals Ltd. (IFM) chief executive officer Chris Jordaan told AMM sister publication Metal Bulletin on the sidelines of Mining Indaba in Cape Town.

South African state-owned energy group Eskom Holdings SOC Ltd. has come under fire for its proposal to increase prices by 16 percent per year for the next five years. ....

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