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Africa · Regional markets · Moneyweb

Ferroglobe pulls the plug on eMalahleni smelting operations

Published by Moneyweb · South Africa 2 h ago
Ferroglobe, silicon, silicon metal, electricity costs, electricity tariffs, tariff relief, SA smelters
Ferroglobe, silicon, silicon metal, electricity costs, electricity tariffs, tariff relief, SA smelters · Moneyweb

Detailed summary

Power and energy expert Prof Vally Padayachee explains Ferroglobe’s decision to temporarily shut down operations, the implications and the need for policy certainty.

‘More investors started their investing journey with us than in the previous five years [and] I hope what people take from these results is that this is a business that has been built to last, no matter what’ – Purple Group CEO Charles Savage.

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