Lion Ferrochrome Smelter Using Electricity Conservatively

Mining Weekly reported that the Lion ferrochrome smelter uses 37 percent less electricity than conventional ferrochrome processes, but is still able to put out the equivalent volume of ferrochrome.

The smelter is owned and operated by a joint venture between Glencore plc (LSE:GLEN) and Merafe Resources Ltd. (JSE:MRF).

As quoted in the market news:

The efficient use of energy – significantly enhanced through pelletising to cope with increasing volumes of fine chrome ore, in-house training programmes to overcome skills shortages, the proximity of the Port of Maputo, the use of more cost-effective upper group two (UG2) chromite ore recovered from platinum tailings, as well as radically reduced use of expensive coke – are the key sources of competitive advantage that place both phases of Lion – known as Lion I and Lion II – in a cost-leadership position.

Click here to read the full Mining Weekly report.