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Glencore says ferrochrome production fell 9% during its 2019 year, as it conducted additional maintenance at plants in SA amid high energy costs and low selling prices.

The diversified miner said earlier in January it may cut up to 665 jobs at its Rustenburg ferrochrome smelter, saying that steep price hikes from SA’s electricity monopoly Eskom, combined with aged furnace technology, contributed to the smelter being “no longer financially viable to operate as a going concern”...

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