Longueuil, June 11, 2024 – ArcelorMittal Mining Canada (“ArcelorMittal”) enthusiastically welcomes the announcement by the Government of Canada to add high-purity iron to Canada’s list of critical materials. This mineral allows fabrication of a greener steel essential to decarbonization of the global economy.
“We salute the decision by the Minister of Energy and Natural Resources, the Honourable Jonathan Wilkinson, which is consolidating the importance of high-purity iron for the Canadian economy. “Whether we think of the steel necessary for manufacturing of wind turbines, solar panels or electric vehicles, this recognition also shed slight on the crucial role played by our company in implementing projects that will allow achievement of a lower-carbon economy,” declared CEO Mapi Mobwano.
Already identified as a critical and strategic mineral by the Québec Government since last January, high-purity iron is indispensable in the transition to a greener economy and the reduction of greenhouse gases on the local, national and international scale.
About ArcelorMittal Infrastructure Canada G.P.
and ArcelorMittal Mining Canada G.P.
Subsidiaries of ArcelorMittal, a world’s leading steel and mining company and among the top five producers of iron ore products globally, ArcelorMittal Infrastructure Canada G.P. (“AMIC”) and ArcelorMittal Mining Canada G.P. (“AMMC”) are two complementary entities operating on Québec’s North Shore. AMIC ensures the transport of concentrate between Mont-Wright and Port-Cartier, and operates a seaport in Port-Cartier to ship AMMC’s products to four continents. AMMC produces iron oxide concentrate and pellets for the steel market. The two companies employ approximately 2,800 people, making ArcelorMittal the largest employer in the North Shore region.