ArcelorMittal's mothballed Saldanha plant could produce steel again – using green hydrogen – but the full potential of this opportunity is to be determined by studies.
Ahead of the South Africa's inaugural green hydrogen summit, ArcelorMittal hosted a tour of its facilities – attended by officials such as Deputy Minister in the Presidency Pinky Kekana; Public Works and Infrastructure Minister Patricia de Lille; and the respective premiers of the Western Cape and Northern Cape, Alan Winde and Zamani Saul.
The Saldanha plant had been mothballed roughly two years ago owing to challenges with accessing low-cost electricity, logistics and iron ore important for the sustainability of the business. Placing the plant in "care and maintenance" has had a knock-on effect on other businesses and contractors in the steel value chain. "This is why it is imperative, and ArcelorMittal sees it as important to find a new and sustainable business model and create jobs again in this West coast economy," said Aldrich Louis, general manager of the plant.