Eskom Grilled as Rio Tinto's South African Smelter Project Stalled
Eskom Grilled as Rio Tinto's South African Smelter Project Stalled
JOHANNESBURG - June 3, 2008 - Reported by Richard Finlayson, Senior International Editor for Industrial Info Resources (Sugar Land, Texas). At the end of May, a few days before the conclusion of the public hearings held by the National Energy Regulator of South Africa (Nersa) on state power utility Eskom's (Johannesburg) application for a 58% tariff hike, national statistics showed that the country's economic growth rate fell to the lowest level in 6.5 years.
Companies featured: Rio Tinto Alcan (NYSE:RST)
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