ZIMBABWE'S ferrochrome smelters are seeking an electricity tariff reduction to cushion themselves from depressed global prices, an association representing the industry said. The Confederation of Ferrochrome Industries, with 13 members, has written to Industry and Commerce Ministry to help push for the tariff reduction from 8,5c kWh to 6,3ckWh.
This was after the Zimbabwe Electricity Transmission and Distribution Company proposed a rate of 7,5kWh, which producers say would not help to achieve viability.
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