South Africa Approves Discounted Power Tariffs for Ferrochrome Smelters

South Africa's energy regulator, NERSA, has approved discounted electricity tariffs for major ferrochrome producers like Samancor Chrome and Glencore Merafe. The move aims to protect industrial jobs and prevent plant closures as the sector struggles with rising costs and international competition. Critics argue that these loss making tariffs prolong reliance on coal based power and discourage the industry from investing in renewable energy and decarbonization. The decision raises questions about whether industrial support should be tied to measurable climate goals.