Chrome ore producers criticise proposed export tax

Last year it supplied 12.5 million tonnes of the mineral to China - 83% of China's total chrome imports.

The proposed tax would drive up costs for chrome ore producers to export, incentivising them to instead transform the raw material into ferrochrome inside the country. Neither the cabinet nor the mines ministry disclosed details about the tax, which is part of a package of measures meant to help the country's struggling ferrochrome industry.

"The Chrome Group is concerned about the possible adverse impact of the proposed chrome ore export tax on the chrome value chain, including on employees and communities," industry group Chrome SA said in a statement.

But we have nothing to show for that.Maybe we must be greedy and charge more for exporting it

We the Citizens of South Africa benefit fokol from this. All we inherited was looting

After 26 years of democracy, Our minerals dont benefit us, why?

And yet....

Unfortunately South Africans do not own the mines. We only benefit through taxes. Government should go ahead with the proposed tax.

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