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ArcellorMittal SA planning fesiability study for renewable energy projects

ArcellorMittal SA planning fesiability study for renewable energy projects
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ArcelorMittal SA donates millions to help feed families affected by unrest in Newcastle

ArcelorMittal SA donates millions to help feed families affected by unrest in Newcastle
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UPDATE 2-Kumba Iron Ore pays out cash and invests in Sishen mine after strong profits

Declares higher final dividend To invest 3.6 bln rand to extend Sishen life of mine (Adds analyst comment, cash flow, gives detail on Sishen life of mine) JOHANNESBURG, Feb 23 (Reuters) - South African miner Kumba Iron Ore reported a 40% jump in annual profit on Tuesday and declared a strong dividend payout, driven by a surge in prices of the steel-making raw material and a weaker rand exchange rate during the year. Majority shareholder Anglo American Plc will be a beneficiary of the strong dividend payout after Kumba reported headline earnings per share of 71.07 rand ($4.86) for the year ended December 2020, up from 50.88 rand a year earlier.

Kumba Iron Ore pays out cash and invests in Sishen mine after strong profits

Kumba Iron Ore pays out cash and invests in Sishen mine after strong profits Kumba Iron Ore is South Africa’s top producer of the steel-making ingredient. ( Kumba Iron Ore reported a 40% jump in annual profit on Tuesday and declared a strong dividend payout, driven by a surge in prices of the steel-making raw material and a weaker rand exchange rate during the year. Majority shareholder Anglo American Plc will be a beneficiary of the strong dividend payout after Kumba reported headline earnings per share of 71.07 rand ($4.86) for the year ended December 2020, up from 50.88 rand a year earlier. Sign Up for the Iron Ore Digest

UPDATE 2-Kumba Iron Ore pays out cash and invests in Sishen mine after strong profits

UPDATE 2-Kumba Iron Ore pays out cash and invests in Sishen mine after strong profits
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