ArcelorMittal plans renewable-energy plants as it aims to restart Saldanha operation

Steel giant ArcelorMittal says it aims to reduce its dependence on the national grid and lower its staggering electricity bill by 2025 as it kicks off a feasibility study into two renewable-energy plants in SA’s largest cities.

The Gauteng-based steelmaker is also looking to restart its Saldanha operations using green hydrogen. The move could restore jobs lost at Saldanha where it closed a plant in 2019. ..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Energy Energy Latest News, Energy Energy Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

ArcelorMittal to develop two renewable energy plants in SAExpects them to start contributing to greener, more stable electricity supply in 2025.
Source: TheCitizen_News - 🏆 6. / 75 Read more »

LETTER: Well done ArcelorMittal SARenewable energy project in the Western Cape is good news for all
Source: BDliveSA - 🏆 12. / 63 Read more »

A message to government from one of South Africa’s top banking CEOsRMB chief executive James Formby has warned that South Africa’s localisation rules are making renewable energy more expensive and should be waived.
Source: BusinessTechSA - 🏆 24. / 61 Read more »

Flood-prone Durban ill-equipped to weather the climate crisisFlood-prone Durban ill-equipped to weather the climate crisis - The eThekwini metro’s climate action plan lacks urgency and the state remains wedded to fossil fuels, mining, high-energy refining and smelting
Source: mailandguardian - 🏆 2. / 92 Read more »