actualites

ArcelorMittal and BioÉnergie AE Côte-Nord Canada win a Eureka! Award presented by Écotech Québec

The ArcelorMittal pellet plant in Port-Cartier is the first in the world to use pyrolytic oil continuously

On the picture: representatives of ArcelorMittal, Groupe Rémabec and BioÉnergie AE Côte-Nord Canada at the official presentation.

Montréal, September 22, 2022 – ArcelorMittal Mining Canada G.P. (“ArcelorMittal”), is proud to announce that it is the joint winner with Bioénergie AE Côte-Nord Canada (“BioÉnergie”), of the Eureka! Green and Prosperous Québec Award, presented by Écotech Québec, in the Natural Resources category.

“The partnership we established with Bioénergie AE Côte-Nord Canada is a great success and we are proud that our efforts to reduce our carbon footprint are recognized by the industry. The integration into our pellet plant of pyrolytic oil produced in Port-Cartier is a structuring project that unites the North Shore’s two great resources – iron and the forest – and which also allows us to begin creating a regional energy ecosystem together. The entire community benefits,” declared Mapi Mobwano, President and Chief Executive Officer of ArcelorMittal Mining Canada.

The introduction of pyrolytic oil at the Port-Cartier pellet plant began last July, and over 1 million litres have been consumed to date. The energy yield exceeds expectations and ArcelorMittal has therefore decided to accelerate the conversion of other zones that can accommodate pyrolytic oil on its two production lines.

“We are delighted that our efforts to contribute to a cleaner economy are celebrated. We are working ceaselessly to develop innovative ways to reclaim wood residues. The pyrolytic oil we supply to ArcelorMittal concretizes our commitment to local production of a renewable energy source that contributes to reduce greenhouse gas emissions,” explained Réjean Paré, President of Groupe Rémabec.

To produce its pyrolytic oil, BioÉnergie uses the wood residues of Arbec Lumber, another affiliate of Group Rémabec. This renewable biofuel ultimately will allow a 23% reduction of the use of heavy oil at the Port-Cartier pellet plant, an annual reduction of 57,600 tonnes of CO2 equivalent, or the removal of 14,000 vehicles from our roads. Let us remember that the ArcelorMittal Group has made the commitment to reduce its greenhouse gas emissions 25% by 2030 and reach carbon neutrality by 2050.

The Eureka! Awards presented by Écotech Québec, the clean technology cluster, recognizes organizations that stand out for their commitment to a cleaner economy and that integrate Québec clean technologies into their process or installations.

About ArcelorMittal Infrastructure Canada G.P.
and ArcelorMittal Mining Canada G.P.

Subsidiaries of ArcelorMittal, the 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 Quebec’s North Shore. AMIC ensures the transport of concentrate between Mont-Wright and Port-Cartier, and operates a seaport in Port-Cartier to transport and ship AMMC’s products to four continents. AMMC produces iron oxide concentrate and pellets for the steel market. The two companies employ approximately 2,500 people, making ArcelorMittal the largest employer in the North Shore region.

About BioÉnergie AE Côte-Nord Canada and
Groupe Rémabec/Arbec Forest Products Inc.

Located in Port-Cartier, Bioénergie AE Côte-Nord Canada is a plant intended for production of renewable liquid fuels made from residual forest biomass. Groupe Rémabec is the biggest private forest contractor in Québec and one of the province’s leading sawmills, ensuring direct quality jobs for nearly 2000 people. Groupe Rémabec operates 50 subsidiaries and 11 plants in the Mauricie, Saguenay–Lac-Saint-Jean, Côte-Nord and Capitale-Nationale regions and in Montréal. Arbec Forest Products Inc. owns two oriented strand board production plants in Mauricie and New Brunswick and employs nearly 300 people.

actualites

ArcelorMittal launches XCarb™ Accelerator Programme to support breakthrough technology start-ups and drive decarbonisation

May 25, 2022 – ArcelorMittal has today launched its search for the best companies and brightest ideas focused on breakthrough technologies which hold the potential to accelerate the decarbonisation of the steel industry. Breakthrough technology start-ups worldwide are invited to submit applications to compete for investment from ArcelorMittal’s XCarb™ Innovation Fund, which aims to invest up to US$100 million annually in such transformative technologies, and access to ArcelorMittal’s advice and expertise in innovation, research and development, technology commercialisation and business mentorship.

Aligned with ArcelorMittal’s purpose, ‘Smarter steels for people and planet’, the XCarb™ Innovation Fund invests in companies with the potential to accelerate the transition to low, and ultimately zero, carbon emissions steelmaking, enabling them to develop more quickly and achieve the scale needed for their technologies to become commercially viable.

This year, finalists will be invited to pitch their ideas at an Accelerator Day for the chance to secure investment support from the fund to scale up their pioneering projects and help drive progress towards a lower emissions future. The support on offer is not just monetary, successful applicants will also have access to:

  • Unparalleled industry expertise and advice
  • Industry leading research centres and R&D programs to accelerate technological development
  • Commercial expertise regarding technologies, IP protection and global roll-out
  • Significant back office and group functional capability to enable scale-up and speed up time to market

Applicants will need to be registered start-ups with concepts for commercially scalable technologies that hold strong potential to decarbonise steelmaking. Eligible start-ups can apply from anywhere in the world as the fund is keen to make investments in the most innovative technology on a global basis, to support ArcelorMittal’s decarbonisation journey. First round submissions are due in by 20 June with more details about the programme and how to apply available at https://corporate.arcelormittal.com/climate-action/xcarb/xcarb-innovation-fund/xcarb-accelerator-programme.

Submissions are invited across seven distinct technology domains:

  1. Disruption in steelmaking (processes and technologies)
  2. Waste to gas or biocarbon (innovative ways to convert waste)
  3. Gases reforming/Gases transformation technologies
  4. Disruptive hydrogen technologies
  5. Carbon capture, utilisation and storage (specifically carbon capture with transformation to chemicals/fuel or permanent sequestration/mineralisation)
  6. Long-term, large-scale energy storage technologies
  7. Clean energy technologies

The Accelerator Day itself will take place in mid-late July (final date TBC) with finalists having the opportunity to present their company and pitch their pioneering technologies in front of a panel of industry-experts.

Commenting, Aditya Mittal, CEO of ArcelorMittal, said:

The need to reduce GHG emissions is one of the greatest investment requirements of our time. Steel can make a huge contribution to the decarbonisation of the global economy and at ArcelorMittal we are committed to leading our industry’s efforts, and to accelerate the speed of our progress. Advancing the development of the technologies and processes which are pivotal to our industry’s transition is a very important element of this.”

Irina Gorbounova, Head of the XCarb Innovation Fund™, added:

“We already have an industry-leading suite of decarbonisation technologies under development but we are always looking for further opportunities to accelerate our progress. This competition provides us with an exciting platform to get involved with and support the best and brightest ideas which can decarbonise our industry. The winners will reap enormous benefits – access to potential funding, commercial and research support, unrivalled knowledge and industry networks that they need in order to scale up their development. Our Accelerator Day provides an opportunity for start-ups to exploit the full potential of their technologies and ensure they have a meaningful impact on our company, our industry and the world as a whole.”

ArcelorMittal’s XCarb™ Innovation Fund

Since its launch in March last year, ArcelorMittal XCarb™ Innovation Fund has already committed US$180 million in projects and technologies which are accelerating the decarbonisation of the steel industry transition. To date, its investments have spanned four companies developing cutting edge technologies in the fields of renewable energy, long-term energy storage, carbon recycling and green hydrogen. They are:

  1. Heliogen, a renewable energy company which harnesses solar energy by using a field of mirrors which act as a multi-acre magnifying glass to concentrate and capture sunlight;
  2. Form Energy, which is developing a breakthrough energy storage technology;
  3. LanzaTech, which focuses on capturing carbon-rich waste gases from the steelmaking process and converting them into sustainable fuels and chemicals; and
  4. H2Pro, a market disruptor producing green hydrogen through the electrolysis of water.

In addition, ArcelorMittal is an anchor partner in Breakthrough Energy’s Catalyst program, committing to an equity investment of $100 million over a five year period. Founded by Bill Gates, Breakthrough Energy is committed to scaling the technologies the world needs to reach net-zero emissions by 2050. Breakthrough Energy’s efforts include investment vehicles, philanthropic programs and policy advocacy. Its Catalyst program is a new model for how companies, governments, and private philanthropy can finance, produce, and ensure widespread adoption of next-generation clean technologies.

For more information about the XCarb™ Innovation Fund and to understand how start-ups can secure their place at the Accelerator Day final, please see https://corporate.arcelormittal.com/climate-action/xcarb/xcarb-innovation-fund/xcarb-accelerator-programme.

About ArcelorMittal

ArcelorMittal is the world’s leading steel and mining company, with a presence in 60 countries and primary steelmaking facilities in 16 countries. In 2021, ArcelorMittal had revenues of $76.6 billion and crude steel production of 69.1 million metric tonnes, while iron ore production reached 50.9 million metric tonnes.

Our purpose is to produce ever smarter steels that have a positive benefit for people and planet. Steels made using innovative processes which use less energy, emit significantly less carbon and reduce costs. Steels that are cleaner, stronger and reusable. Steels for electric vehicles and renewable energy infrastructure that will support societies as they transform through this century. With steel at our core, our inventive people and an entrepreneurial culture at heart, we will support the world in making that change. This is what we believe it takes to be the steel company of the future.

ArcelorMittal is listed on the stock exchanges of New York (MT), Amsterdam (MT), Paris (MT), Luxembourg (MT) and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and Valencia (MTS).

For more information about ArcelorMittal please visit: http://corporate.arcelormittal.com/

ArcelorMittal and BioÉnergie AE Côte-Nord Canada announce a major agreement for the Côte-Nord economy and the beginning of the energy transition at the Port-Cartier pellet plant

Réjean Paré, President and Chief Operating Officer of Groupe Rémabec, Steeve Beaupré, Mayor of Sept-Îles, Lorraine Richard, deputy of Duplessis, Alain Thibault, Mayor of Port-Cartier and Mapi Mobwano, President and Chief Executive Officer of ArcelorMittal Mining Canada. Credit : Julien Choquette

Port-Cartier, May 11, 2022 – At a press conference today, ArcelorMittal Mining Canada (“ArcelorMittal”) and BioÉnergie AE Côte-Nord Canada (“BioÉnergie”), a corporation held in part by Groupe Rémabec/Arbec Forest Products Inc. announced the signing of a three-year agreement for the delivery of 16 million litres of pyrolytic oil per year to the ArcelorMittal pellet plant.

“Today’s announcement marks the materialization of the start of our energy transition. The pyrolytic oil produced locally by BioÉnergie will allow us ultimately to reduce our use of heavy oil by 23% at our Port-Cartier plant. This is a structuring project that unites the two major resources of the Côte-Nord region: iron and the forest. This is tremendous news for the entire region and we are delighted,” declared Mapi Mobwano, President and Chief Executive Officer of ArcelorMittal Mining Canada.

The introduction of pyrolytic oil, a renewable fuel produced from wood residues, will allow an annual reduction of 57,600 tonnes of CO2 equivalent at the Port-Cartier pellet plant, which corresponds to removing 14,000 vehicles from the roads each year. Let us recall that the ArcelorMittal Group has made the commitment to reduce its greenhouse gas emissions 25% by 2030 and reach carbon neutrality by 2050.

“We are proud of this partnership with ArcelorMittal that allows us to create 30 quality jobs in the Côte-Nord region, at BioÉnergie alone. Our group constantly looks for new ways to valorize forest fibre and sawmill by-products sustainably. With ArcelorMittal, we wish to stand out by local production of a renewable energy source that contributes to reduce greenhouse gas emissions. The entire community wins,” explained Réjean Paré, President and Chief Operating Officer of Groupe Rémabec.

To produce its pyrolytic oil, BioÉnergie will use the wood residues of Arbec Lumber, another affiliate of Groupe Rémabec. The agreement announced today also includes the use of ArcelorMittal’s railway by Arbec, based on 80 trains per year to transport wood from its forest camps to its Port-Cartier sawmill.

About ArcelorMittal Infrastructure Canada G.P.
and ArcelorMittal Mining Canada G.P.

Subsidiaries of ArcelorMittal, the 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 Quebec’s North Shore. AMIC ensures the transport of concentrate between Mont-Wright and Port-Cartier, and operates a seaport in Port-Cartier to transport and ship AMMC’s products to four continents. AMMC produces iron oxide concentrate and pellets for the steel market. The two companies employ approximately 2,500 people, making ArcelorMittal the largest employer in the North Shore region.

About BioÉnergie AE Côte-Nord Canada and
Groupe Rémabec/Arbec Forest Products Inc.

Located in Port-Cartier, Bioénergie AE Côte-Nord Canada is a plant intended for production of renewable liquid fuels made from residual forest biomass. Groupe Rémabec is the biggest private forest contractor in Québec and one of the province’s leading sawmills, ensuring direct quality jobs for nearly 2000 people. Groupe Rémabec operates 50 subsidiaries and 11 plants in the Mauricie, Saguenay–Lac-Saint-Jean, Côte-Nord and Capitale-Nationale regions and in Montréal. Arbec Forest Products Inc. owns two oriented strand board production plants in Mauricie and New Brunswick and employs nearly 300 people.

Centraide Duplessis Receives a Record Donation from ArcelorMittal and its Fermont and Port-Cartier Employees

Port-Cartier, April 26,  2022 – ArcelorMittal Mines and Infrastructure Canada and its employees, along with the United Steelworkers and its five local unions, are once again demonstrating their strong roots in their communities. Their solidarity, commitment and generosity have made it possible to donate a record amount of $271,728 to Centraide Duplessis this year.

“Poverty and social exclusion never take a pause, and community organizations work tirelessly to support the daily lives of those who are less fortunate. I’m extremely proud that, with our employees, we can help Centraide Duplessis to better meet the growing needs of the entire region. Being part of the North Shore community means not only living and working here, but also caring about others and being sensitive to them. We sincerely thank all our employees and the team who collected the donations. They did an extraordinary job,” said Mapi Mobwano, President and CEO of ArcelorMittal Mining Canada.

“For us, giving back to organizations on the North Shore is part of our DNA. The mere fact of giving a record amount of money this year is a testament to our members’ attachment to and solidarity with the region. Centraide Duplessis contributes to improving the quality of life of our fellow citizens, and the response of our members and ArcelorMittal illustrates our gratitude and confidence in Centraide,” said Marc Duchaine, United Steelworkers union representative for the North Shore, Lower St. Lawrence, Gaspé and Magdalen Islands.

About ArcelorMittal Infrastructure Canada G.P.

and ArcelorMittal Mining Canada G.P.

Subsidiaries of ArcelorMittal, the 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 Quebec’s North Shore. AMIC ensures the transport of concentrate between Mont-Wright and Port-Cartier, and operates a seaport in Port-Cartier to transport and ship AMMC’s products to four continents. AMMC produces iron oxide concentrate and pellets for the steel market. The two companies employ approximately 2,500 people, making ArcelorMittal the largest employer in the North Shore region.

About the United Steelworkers

The United Steelworkers Union, affiliated with the FTQ, is the largest private sector union in Quebec. It represents more than 60,000 workers in all economic sectors.