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The proposed IDC takeover of ArcelorMittal South Africa risks adding another loss-making business to the state’s portfolio. Before committing billions of rand in public money, the government must explain who will pay the price of another bailout.
Le sidérurgiste prévoit 1,3 milliard d’euros d’investissements, dont la moitié financée par des aides publiques, pour décarboner son site du Nord. Un « projet industriel majeur » qui est toutefois moins ambitieux qu’annoncé initialement.
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