[Ferro-Alloys.com] 

Glencore’s Rustenburg ferrochrome smelter remains idled

Pending an improved price and cost environment, Glencore said in its first-quarter 2024 production report on Tuesday that its Rustenburg ferrochrome smelter in South Africa’s North West province would remain idled.

The London- and Johannesburg-listed diversified mining and marketing company reported 26% lower attributable first quarter ferrochrome production of 297 000 t amid the European benchmark ferrochrome price for the second quarter of this year settling at $1.52/lb, 5.6% up on the first three months of 2024.

The company's own sourced nickel production was 14% higher at 23 800 t.

• [Editor:邢亚敏]