Takeaways:

  • A new renewable energy project will be coming to the Western Cape as a push towards an improve energy resilience in the province.
  • The decision was motivated by the group’s objective of lowering the carbon footprint of production.
  • “The alternative energy source will also offer more energy security by enabling the ArcelorMittal South African plants to be less dependent on costly electricity supply from the national grid which has significantly impacted business performance in recent years” said Kobus Verster, the CEO of ArcelorMittal South African.

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