Afrimat CEO on earnings collapse, Lafarge turnaround, and rare earths opportunity
Afrimat CEO Andries van Heerden joins Alec Hogg to unpack the group’s worst results in decades, driven by a perfect storm of collapsing iron ore prices and early Lafarge losses. He remains bullish on the cement acquisition, touts a new ultra-low carbon product, and outlines progress on Transnet’s rail recovery and Afrimat’s rare earth ambitions. Van Heerden shares cautious optimism on SA’s infrastructure outlook under a new political era.