MRF Operational Update Neutral
MERAFE RESOURCES LIMITED - Further update regarding a proposed electricity tariff solution and consultation in terms of Section 189 of the LRA
Merafe Resources Limited
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What this filing means
Merafe has extended its Section 189 consultation process to 1 June 2026 as it awaits NERSA's final decision on the proposed Eskom electricity tariff.
Bull case
- Eskom has formally submitted the proposed tariff and revised terms to NERSA, marking a critical step forward in the regulatory process.
- The Glencore-Merafe Venture has provisionally accepted the revised terms and conditions from Eskom, demonstrating collaborative progress toward a sustainable cost framework.
Bear case
- The Section 189 consultation process has been delayed again, extending operational uncertainty to at least 1 June 2026.
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