JSE-listed Merafe Resources’ ferrochrome production from the Glencore Merafe joint venture decreased by 1% in the quarter ended March 31 to 104 000 t, compared with the 105 000 t produced in the quarter ended March 2018.
The company previously stated that growth in demand was projected for ferrochrome globally, especially from Indonesia’s stainless steel industry.
Merafe also said Eskom’s power supply challenges remained a key risk factor for the joint venture this year.