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South32 and AITF invest R200M to stabilize local Alloy production for South Africa's sutomotive sector
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South32 and AITF invest R200M to stabilize local Alloy production for South Africa's sutomotive sector
Richards Bay’s industrial landscape saw a crucial financial commitment recently as South32 Hillside Aluminium, in conjunction with the Automotive Industry Transformation Fund (AITF) and the Department of Trade, Industry and Competition (DTIC), channeled roughly R200 million into securing a vital link in the nation’s vehicle manufacturing industry. The funding targets Bingelela Alloys, providing concessional financing […]
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