Uncertainty shrouds the future of ArcelorMittal Temirtau in Kazakhstan as authorities express concerns over accidents, pollution, and labor safety without a clear plan for replacing the steel giant.
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Kazakh officials have hinted at ending their relationship with a company that oversees a heavy polluting steelworks and a network of coal mines where scores of people have died in accidents. But they don't seem to have a replacement for an investor that entered the Kazakh market almost 30 years ago.
Luxembourg, February 9, 2023 - ArcelorMittal (referred to as “ArcelorMittal” or the “Company”) (MT (New York, Amsterdam, Paris, Luxembourg), MTS (Madrid)), the