https://newsletter.en.creamermedia.com
Africa|Cogeneration|Efficiency|Energy|Export|Mining|Resources|Stainless Steel|Steel
Africa|Cogeneration|Efficiency|Energy|Export|Mining|Resources|Stainless Steel|Steel
africa|cogeneration|efficiency|energy|export|mining|resources|stainless-steel|steel

South African Cabinet approves export tax on chrome ore

22nd October 2020

By: Reuters

  

Font size: - +

JOHANNESBURG - South Africa, the world's biggest chrome producer, has approved measures to support the domestic ferrochrome industry including through an export tax on chrome ore, according to a Cabinet statement on Thursday.

"The interventions include the proposed introduction of the export tax on chrome ore, the usage of energy efficiency technologies on smelters, and the adoption of cogeneration and self-generation technologies," said Minister in the Presidency Jackson Mthembu, reading the statement.

He did not disclose details of the export tax.

Chrome ore is a key ingredient in stainless steel, an essential material for the automobile industry. South Africa last year supplied 12.5-million tonnes of chrome ore to China - 83% of China’s total chrome imports.

Companies mining and processing chrome in South Africa include Glencore, Merafe Resources, Samancor Chrome, Tharisa, and Jubilee Metals.

Edited by Reuters

Comments

Projects

Showroom

Alcohol Breathalysers
Alcohol Breathalysers

Supplier & Distributor of the Widest Range of Accurate & Easy-to-Use Alcohol Breathalysers

VISIT SHOWROOM 
Rio-Carb
Rio-Carb

Our Easy Access Chute concept was developed to reduce the risks related to liner maintenance. Currently, replacing wear liners require that...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 22 November 2024
Magazine round up | 22 November 2024
22nd November 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:3.157 3.262s - 190pq - 2rq
Subscribe Now