Samancor joins a growing list of SA’s mining companies retrenching
The world's second-largest ferrochrome producer could shed nearly 2,500 jobs. Weak chrome prices and Eskom blamed
21 January 2020 - 19:54
Samancor Chrome, one of the world’s largest sources of the stainless steel ingredient, warned its unions on Monday that it could cut up to 2,488 jobs because of a global downturn in the chrome price and a rise in Eskom’s electricity prices.
State-owned electricity monopoly Eskom is a common theme running through recently announced job cuts at the Glencore and Merafe Resources joint venture smelter in Rustenburg...
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