South Africa's proposed chrome ore export tax will hurt miners' profitability and lead to job losses across the sector, the country's Minerals Council has said.

The South African mining industry is facing a potential challenge as the government's proposed chrome ore export tax could negatively affect miners' profitability and lead to job losses, according ...

Industry organisation ChromeSA says the proposed chrome ore export tax would have a devastating impact on primary and upper group two (UG2) chrome producers, given that they sell the bulk of their ...

A recent proposal by the South African government to impose an export tax on chrome ore could hit the industry hard and backfire, according to a report prepared for domestic producers.

Further to a statement released earlier this week, chrome producer organisation ChromeSA has explained the evidential rationale behind its dismay at Cabinet’s proposed export tax on chrome ore.

South Africa’s non-integrated chrome ore exporters want to discuss ways of solving the existential threat to South Africa’s struggling ferrochrome industry to avoid the need for a tax being imposed on ...

In 2024, chrome exports reached a record 20.5 million tonnes, earning R84.6 billion in export revenue. The council said it was disappointed that there had been no consultation with the industry or ...

The South African mining industry is facing a potential challenge as the government's proposed chrome ore export tax could negatively affect miners' profitability and lead to job losses, according ...

The chrome sector in South Africa is a significant employer, directly employing 25,000 people and generating R85bn ($4.85bn) in export revenue in 2024.

July 3 (Reuters) – South Africa’s proposed chrome ore export tax will hurt miners’ profitability and lead to job losses across the sector, the country’s Minerals Council has said. Africa ...