The National Energy Regulator of South Africa (NERSA) approved discounted electricity pricing for several energy-intensive industrial users. These revised agreements provide price relief to chrome and manganese smelters for the next three to five years.
Beneficiaries include Samancor Chrome and the Glencore Merafe Chrome Venture. The intervention supports smelting operations currently facing severe financial pressure from rising electricity costs.
NERSA designed the relief to prevent facility closures and preserve thousands of jobs. These operations are deeply integrated into the platinum group metals (PGM) sector and remain vital to global supply.