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New ferroalloy technology pilot results ‘looking great’, Merafe presentation hears
The results of the pilot testing of a new Proudly South African smelting technology, which lowers electricity usage and has the potential to render local ferroalloy beneficiation globally competitive once more, were described as “looking great” during question time at Merafe Resources’ presentation of 2024 financial results on Monday, March 10. These words were uttered amid Merafe reporting that global stainless-steel production increased in the period, as did demand for ferrochrome, the feedstock on which it depends. Stainless steel is used almost everywhere in modern life, from nuclear reactors to exhaust pipes, architecture, kitchenware and a host of other applications.
The results of the pilot testing of a new Proudly South African smelting technology, which lowers electricity usage and has the potential to render local ferroalloy beneficiation globally competitive once more, were described as “looking great” during question time at Merafe Resources’ presentation of 2024 financial results on Monday, March 10. These words were uttered amid Merafe reporting that global stainless-steel production increased in the period, as did demand for ferrochrome, the feedstock on which it depends. Stainless steel is used almost everywhere in modern life, from nuclear reactors to exhaust pipes, architecture, kitchenware and a host of other applications.
