By Kari Williamson

The JV has been created by Groot Group, Otavi Town Council, Andre Neethling Trust and SDS Group.

The steel making technology and equipment will be provided by SMS Group's African subsidiary. Scorpion Mineral Processing will provide the engineering, procurement, and construction management (EPCM).

The Otavi Steel Mill has a development and construction budget of US$3 billion, and will have an annual capacity of 10 million tonnes of steel.

The steel mill is expected to create 15,000 construction jobs in Otavi.