Mining News

ArcelorMittal to seek access to rail network amid a collapse in Transnet service

ArcelorMittal South Africa (AMSA) has confirmed that it will seek to secure third-party access to Transnet’s rail network as part of efforts to stabilise the logistics involved in supplying key raw materials, such as iron-ore, having experienced an intense period of rail disruption during the first half of 2022, which cost it some R650-million in lost sales. CEO Kobus Verster reports it has told Transnet Freight Rail (TFR) of its intention to gain access to the rail network, despite the fact that the utility has not yet made a suitable general-freight slot available to AMSA, resulting in a legal lacuna.

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