Finweek - English

Will taxing chrome ore backfire?

government has been silent about a proposed export levyon chrome ore since hatching the idea in October last year.

According to proponents of the levy, making chrome ore more expensive for Chinese ferrochrome producers will benefit the local ferrochrome sector, which is struggling to make money owing to Eskom’s prohibitive, above-inflation energy tariff increases.

The chrome ore industry, through ChromeSA, has hit back forcibly. It first

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