Glencore udsætter frist for jobnedskæringer på sydafrikansk smelteværk til 7. april, mens Eskom-forhandlinger går ind i sidste uge
Glencore has postponed a decision on potential layoffs at its South African ferrochrome operations to April 7 after Eskom requested more time to finalize a discounted electricity deal. The industry has lost most of its smelters due to electricity tariffs rising over 900% since 2008. Only 11 of 66 smelters remain operational. Up to 1,500 jobs are at risk if a 62-cent per kWh tariff is not secured.