Jubilee Metals has achieved record production levels at its South African chrome operations, both on monthly output for March and for the quarter ended March 31 – which is the third quarter of the company’s 2024 financial year.

Ferrochrome and chrome company Merafe achieved a record profit of R1,753-million despite what it describes as a challenging economic environment in the 12 months to December 31.

Ferro chrome imports in Japan decreased 11% y-o-y to 550,415 t in CY'23 as against 617,139 t in CY'22.

Chrome producer Merafe has reported that its attributable ferrochrome production from the Glencore Merafe Chrome Venture in the fourth quarter ended December 31 was 75 000 t, compared with the 97 000 t produced in the fourth quarter of 2022.

From January to October 2023, the production of high-carbon ferrochrome in Inner Mongolia increased by 777,600 tons year-on-year to 3,698,300 tons, accounted for 61.2% of the country.

According to statistics, from January to October 2023, China's high-carbon ferrochrome production is 5,989,500 tons, an increase of 615,200 tons.

Merafe’s attributable ferrochrome production from the Glencore Merafe Chrome Venture for the six months ended 30 June 2023 decreased by approximately 9% compared to the prior comparative period.

China high-carbon ferrochrome imports in December 2022 by country/region.