ArcelorMittal Orbit embraces Olympic spirit with steel from every continent
29 June 2011
ArcelorMittal today confirms that the 2,200 tonnes of steel being used in the ArcelorMittal Orbit will contain symbolic quantities from every continent in the world where the Company has operations, reflecting the spirit of the Olympic Games, which draws together athletes from across the globe.
To reflect the shared focus on sustainability of both the London Organising Committee of the Olympic Games (LOCOG) and ArcelorMittal, the bulk of the steel comes from Western Europe to ensure 60% comes from recycled scrap metal. However, ArcelorMittal has used its global reach to secure small quantities of steel from Africa, Asia and North & South America to be part of the ArcelorMittal Orbit as well. ArcelorMittal has a presence in the following countries on these continents:
Europe - Belgium, Czech Republic, France, Germany, Kazakhstan, Luxembourg, Romania, Spain, Ukraine, Poland
Africa – South Africa
Asia – China, India
N. America – Canada, United States
S. America – Brazil, Argentina, Mexico
“Just as the Olympic Games is a truly global event that draws athletes from every corner of the world, we want to ensure that the ArcelorMittal Orbit embraces this crucial element of the Olympic spirit” said Lakshmi Mittal, Chairman and CEO of ArcelorMittal. “As the only truly global steel company, we have been able to source steel from across the world for it. I’m proud of our plants that contributed to this showcase for the versatility of steel, which will impress visitors when they descend on London for the 2012 Olympic Games.”
A collaboration between artist Anish Kapoor and designer and engineer Cecil Balmond, the ArcelorMittal Orbit already stands at more than 70 metres and the striking curved lattice loop is rising from the ground. At 114.5 metres, the ArcelorMittal Orbit is set to be the tallest sculpture in the UK and promises to be an iconic element of the London 2012 Olympic and Paralympic Games. In addition, the design will operate as a visitor attraction in the future Queen Elizabeth Olympic Park, offering unparalleled views of the Park and the city beyond.
The ArcelorMittal Orbit is expected to be completed and handed over to the London Legacy Development Corporation by May 2012. The London Organising Committee for the Olympic and Paralympic Games (LOCOG) will operate the Orbit in the summer of 2012. After a period of transformation, the Legacy Company is expected to re-open the visitor attraction in 2013.
Malcolm Ross, Executive Director of Venues and Operations at the London Legacy Development Corporation, said: “The ArcelorMittal Orbit is already changing the face of East London’s skyline and will become one of the world’s most spectacular visitor attractions combining cutting-edge design with stunning views. It is a truly inspirational structure and iconic symbol for the future Queen Elizabeth Olympic Park.”
As Tier 2 sponsors of London 2012, ArcelorMittal will fund up to £19.6million of the £22.7m cost of the ArcelorMittal Orbit, with the outstanding £3.1million provided by the Greater London Authority. It is estimated that the ArcelorMittal Orbit will generate up to £10m per year in revenue post games.