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Higher prices boost South African chromite revenues

By Davide Ghilotti
Published: Monday, 06 March 2017

The rising value of chromite in November 2016 supported overall revenues as demand from foreign buyers continued to increase against a slowdown in domestic sales, according to customs data.

Production of high-grade chromite in South Africa fell in November following a couple of months of growing mine output, although rising prices led to a higher overall turnover despite total volumes sold were flat.

Extraction of chrome ore with Cr2O3 grade between 44% and 48% for the month of November stood...

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