Chrometco Limited, currently listed on the Alt-X section of the JSE and the Sail Group of Companies “Sail” entered...
Average PRC Ferrochrome tender price
Ferrochrome 50% Cr CIF1
PRC domestic Ferrochrome
9700 - 10300 RMB/ton
The Black Chrome mine is a well capitalised developing underground chrome mine having an approximated economically minable reserve in excess of 20 000 000 tons of chrome ore.
The Rooderand property on the Western Limb of the Bushveld Igneous Complex, some 60km north-west of the town of Rustenburg, has been owned and operated by Chrometco since 2004.
The Sail Group was granted a prospecting right over the farm Palmietfontein on the Western Limb of the Bushveld Igneous Complex in February 2016 and has initiated preliminary prospecting.