Port-Cartier, March 26, 2025 – The mayor of Port-Cartier, Alain Thibault, and the president and CEO of ArcelorMittal Mining Canada (“ArcelorMittal”), Mapi Mobwano, have confirmed an agreement regarding the assessment roll of ArcelorMittal’s Port-Cartier facilities for 2022–2024 and 2025–2027.
ArcelorMittal and the City of Port-Cartier have reached an agreement on the 2022–2024 assessment roll and have already settled matters for the 2025–2027 assessment roll. Both parties are happy to put these issues behind them and look to the future.
“We’ve been in Port-Cartier for over 60 years and will continue to invest in the community to keep it thriving. We have several major strategic projects, including the flotation project at our pellet plant, which will enable Port-Cartier to maintain its position as a global leader in the production of high-purity iron for years to come. We have every reason to be proud,” said Mapi Mobwano.
“ArcelorMittal is a key player in the region, and we’re committed to working together to ensure the economic and social vitality of our community. We’re working on several initiatives with ArcelorMittal and, together, we’re setting our sights high for the future of Port-Cartier,” stated Alain Thibault.
About ArcelorMittal Infrastructure Canada G.P.
and ArcelorMittal Mining Canada G.P.
Subsidiaries of ArcelorMittal, a leading steel company and one of the five biggest iron ore producers in the world, ArcelorMittal Infrastructure Canada (“AMIC”) and ArcelorMittal Mining Canada G.P. (“AMMC”) are two complementary companies operating in Quebec’s North Shore region. AMIC ensures the transportation of concentrate between Mont-Wright and Port-Cartier and operates a seaport at Port-Cartier, allowing transportation and shipping of AMMC products to four continents. AMMC produces concentrate and iron oxide pellets for the steel market. The two companies employ 2,800 people, making ArcelorMittal the biggest employer on the North Shore. To
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