https://newsletter.mw.creamermedia.com
Africa
Africa
africa

Merafe, Glencore extend chrome ore agreement

3rd November 2025

By: Tasneem Bulbulia

Deputy Editor Online

     

Font size: - +

JSE-listed Merafe Group, Glencore International and Glencore South Africa have concluded a further addendum to extend their chrome ore marketing agreement to January 23, 2026.

The remaining terms of the marketing agreement are unchanged. The agreement initially started on May 22, 2014, and has subsequently been amended, supplemented and/or extended from time to time.

In 2014, Glencore International was appointed the exclusive chrome ore marketing agent for Merafe’s chrome pooling and sharing venture (PSV) with Glencore South Africa, and has the sole right to sell, on the PSV’s behalf, the PSV’s chrome ore production on the terms set out in the marketing agreement.

As consideration for the marketing of the chrome ore, the PSV pays Glencore International a sales commission based on the sales revenue (invoice value) derived from the sale of chrome ore.

Merafe’s proportionate contribution towards the commission amounts to 20.5%, reflecting its 20.5% participation in the earnings before interest, taxes, depreciation and amortisation of the PSV, with the remaining 79.5% being borne by Glencore South Africa. 

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Article Enquiry

Email Article

Save Article

To advertise email advertising@creamermedia.co.za or click here

Showroom

ATI Systems
ATI Systems

ATI systems comprises five divisions: electrical assemblies, drives and controls, feedback sensors, enclosures, and strip guiding.

VISIT SHOWROOM 
ABB Electrification
ABB Electrification

Electrifying the world in a safe, smart, and sustainable way, ABB Electrification is a global technology leader in electrical distribution and...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

G20Lens analysis, Glencore, Harmony Gold make headlines
G20Lens analysis, Glencore, Harmony Gold make headlines
31st October 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.472 0.593s - 126pq - 2rq
Subscribe Now