ArcelorMittal moves ahead with 200 MW Vanderbijl renewables project, studies third-party rail access

ArcelorMittal South Africa (AMSA) expects initial construction work on a 200 MW renewable-energy plant in Vanderbijlpark, Gauteng, to begin during the fourth quarter of 2023, with a feasibility study into the solution nearing completion. CEO Kobus Verster says the project has been necessitated by ongoing unreliable electricity supply and rising tariffs and he anticipates that the investment will begin delivering “meaningful cost reduction benefits by 2024/5”.