An introduction to chrome
South Africa accounts for 50% of global chrome ore production and the metal has become a critically important by-product credit to platinum-group metal (PGM) mining. This has sparked interest in the economics of PGM orebodies and the contribution of chrome to offset mine costs, and supply to China. By far the most important driver of ferrochrome, and thus chrome ore, is the Chinese stainless steel market.
SFA (Oxford)’s experience in the chrome market goes back decades, having participated in company listings, commercial terms, market evaluations and price forecasting for chrome companies, investors, trading companies and PGM miners.