Our business model and strategy
FERROCHROME
The aim of our business model and strategy is to ensure our ferrochrome
interests are profitable and sustainable and that they add value to all our
stakeholders. We achieve this by:
| • |
extracting chrome ore from the Venture’s mines and beneficiating it in its
smelters in a safe and cost-efficient manner |
| • |
investing in projects that include the Bokamoso and Tswelopele pelletising
and sintering plants and the Lion ferrochrome plant Phases I and II that
improve the energy and cost efficiency of the Venture's ferrochrome
operations |
| • |
employing the Venture’s proprietary Premus technology to ensure it is the
lowest-cost producer of ferrochrome in South Africa and, despite rising
energy costs in South Africa, remains in the lowest quartile of the global
ferrochrome production cost curve |
| • |
using the flexibility provided by the Venture’s variety of technologies to meet
changing operating circumstances and customer requirements |
| • |
focusing on reducing costs at the operations and head office |
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