ArcelorMittal partners with S Africa’s Sasol to boost hydrogen economy
A partnership between ArcelorMittal SA (AMSA) and South Africa’s homegrown petrochemicals giant Sasol to develop a green hydrogen hub in Saldanha Bay is expected to give a huge boost to the hydrogen economy in the country.
Saldanha Bay, located on the West Coast of South Africa, is the largest natural port on the African continent.
The town suffered a serious economic blow when AMSA shut down its steel manufacturing plant there in 2020 at the height of the Covid-19 pandemic.
Global steel magnate Laxmi Mittal’s acquired AMSA after he first helped the ailing state-owned steel manufacturer Iscor turn its fortunes around in 2004.
