ArcelorMittal opens new play area with staff members
Julien Lampron, Vice President, Government Relations, Public Affairs and Strategy, Félix Gravel-Gaumond, Director, Project Execution and Mapi Mobwano, President and Chief Executive Officer of ArcelorMittal Mining Canada, along with Lindsey Vibert, Gabrielle Séguin and Nadia Dallaire from CPE Touchatouille.
Port-Cartier, October 17, 2022 – ArcelorMittal Mines and Infrastructure Canada (“ArcelorMittal”) is pleased to announce that work on the outdoor playground at CPE Touchatouille’s “Sentier des merveilles” facility in Port-Cartier is now complete. ArcelorMittal covered the full cost of the project with a $200,000 donation to CPE Touchatouille.
“We’re delighted to be able to help provide a quality living environment for families in Port-Cartier,” said Mapi Mobwano, President and CEO of ArcelorMittal Mining Canada. “Our goal in building the ‘Sentier des merveilles’ playground was to provide a safe and engaging play area for children. We believe that to encourage families to settle on the North Shore, they need to have access to the best services. We’re proud to support CPE Touchatouille in its mission.”
Work at the “Sentier des merveilles” facility included grading, tree planting and the addition of benches, walkways, a paved bike and scooter path, a concrete paver surface and new fencing.
This completes Phase 1 of the CPE Touchatouille outdoor playground development project. Phase 2 will target the outdoor playground of the “Mer-Veilleuse” facility and is scheduled for delivery in 2023.
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.
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.
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:
Disruption in steelmaking (processes and technologies)
Waste to gas or biocarbon (innovative ways to convert waste)
Gases reforming/Gases transformation technologies
Disruptive hydrogen technologies
Carbon capture, utilisation and storage (specifically carbon capture with transformation to chemicals/fuel or permanent sequestration/mineralisation)
Long-term, large-scale energy storage technologies
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:
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;
Form Energy, which is developing a breakthrough energy storage technology;
LanzaTech, which focuses on capturing carbon-rich waste gases from the steelmaking process and converting them into sustainable fuels and chemicals; and
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.
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).
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.
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.
Port-Cartier, January 21, 2022 – ArcelorMittal Infrastructure Canada G.P. (“ArcelorMittal”) presented the 2022 edition of its steel-headed cane to Captain Aldwin Revelar of the bulk carrier Santa Barbara, the first ship to leave its Port-Cartier port facilities this year.
Originating from the Netherlands, the ship will depart ArcelorMittal’s port facilities today at 16:01 bound for Asia, carrying more than 155,000 tonnes of iron ore concentrate aboard. The bulk carrier Santa Barbara was built in 2015. It measures 295 metres long by 46 metres wide.
In 2021, ArcelorMittal’s port facilities in Port-Cartier welcomed 409 ships, performed more than 900 port entry and exit manoeuvres and handled over 25 million tonnes of iron ore, raw materials, fuel and grain.
ArcelorMittal’s internationally recognized port at Port-Cartier is the largest private port in Canada and has been part of our heritage for over 60 years.
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.
Longueuil, December 14, 2021 – ArcelorMittal Mines and Infrastructure Canada (“ArcelorMittal”) today launched its first Corporate Manifesto, which seeks to salute the work of its teams, the power of collaboration and the importance of respecting a heritage of several generations for those who will follow.
Sometimes it is said that ArcelorMittal is the best-kept secret in Québec. Every person, every business and every company on the North Shore, but also throughout Québec, benefits from the organization’s positive effects. Beyond the gigantic equipment and facilities that make ArcelorMittal’s reputation on the North Shore, there are its people, the 2,500 women and men who work there every day with heart and determination.
“Since 2020, we are engaged in a profound transformation, and this Manifesto echoes our will to put our people at the heart of all our actions. Today we are taking a new step by putting the spotlight on everything we represent together and to which we aspire. I am especially proud of what we accomplish every day, and I have confidence we will go even farther,” declared Mr. Mapi Mobwano, President and Chief Executive Officer.
The Manifesto can be viewed on the following link: mines-infrastructure-arcelormittal.com In parallel, ArcelorMittal Mines and Infrastructure Canada proceeded with a complete overhaul of its website to reflect the great ambitions the company nurtures for the future.
About ArcelorMittal Infrastructure Canada G.P. and ArcelorMittal Mining Canada G.P.
Subsidiaries of ArcelorMittal, the world’s leading steel company and one of the five biggest international iron ore producers, ArcelorMittal Infrastructure Canada G.P. (“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 over 2,500 people, making ArcelorMittal the biggest employer on the North Shore.
Fermont, le 13 décembre 2021 – ArcelorMittal Mines et Infrastructure Canada (« ArcelorMittal ») est fière de remettre 25 000 $ à l’organisme Cancer Fermont. ArcelorMittal devient ainsi Grand partenaire de l’organisme, dont la mission est d’accompagner les Fermontois atteints d’un cancer, d’offrir un apport financier direct, en plus de leur venir en aide pendant et après leurs traitements.
« Nous sommes touchés par la mission de Cancer Fermont et par l’engagement communautaire exceptionnel de son fondateur, M. Denis Grenier. C’est un honneur pour ArcelorMittal de joindre ses efforts à ceux de ce pilier de la communauté fermontoise et d’ap Cancer Fermont de continuer d’accompagner les personnes atteintes d’un cancer avec toute la bienveillance et l’humanité qu’on leur connaît », a déclaré Mapi Mobwano, président et chef de la direction.
Depuis maintenant 16 ans, les bénévoles de Cancer Fermont offrent leur temps aux personnes vivant avec le cancer en les soutenant moralement et financièrement durant cette épreuve.
À propos de ArcelorMittal Infrastructure Canada s.e.n.c. et de ArcelorMittal Exploitation minière Canada s.e.n.c.
Filiales de ArcelorMittal, chef de file de l’acier dans le monde et l’un des cinq plus grands producteurs de minerai de fer à l’échelle internationale, ArcelorMittal Infrastructure Canada s.e.n.c. (« AMIC ») et ArcelorMittal Exploitation minière Canada s.e.n.c. (« AMEM ») sont deux entités complémentaires œuvrant sur la Côte-Nord du Québec. AMIC assure le transport de concentré entre Mont-Wright et Port-Cartier et exploite un port de mer à Port-Cartier permettant de transporter et d’expédier les produits d’AMEM sur quatre continents. AMEM produit du concentré et des boulettes d’oxyde de fer destinés au marché de l’acier. Les deux entreprises emploient plus de 2 500 personnes, faisant de ArcelorMittal le plus grand employeur de la Côte-Nord.
At an event held at COP26 today, ArcelorMittal (‘the Company’) and the government of Quebec announced a CAD$205 million investment by ArcelorMittal Mining Canada (‘AMMC’) in its Port-Cartier pellet plant, enabling this facility to convert its entire 110 million tonne annual pellet production to direct reduced iron (‘DRI’) pellets by the end of 2025.
The investment, in which the Quebec government will contribute through an electricity rebate of up to CAD$80 million, will enable the Port-Cartier plant to become one of the world’s largest producers of DRI pellets, the raw material feedstock for ironmaking in a DRI furnace. The project includes the implementation of a flotation system that will enable a significant reduction of silica in the iron ore pellets, facilitating the production of a very high-quality pellet.
The project will deliver a direct annual CO2e reduction of approximately 200,000 tonnes at AMMC’s Port-Cartier pellet plant, equivalent to over 20% of the pellet plant’s total annual CO2e emissions. This reduction in CO2e emissions will be achieved through a reduction in the energy required during the pelletising process.
A DRI plant uses natural gas to reduce iron ore, resulting in a significant reduction in CO2 emissions compared with coal-based blast furnace ironmaking. In Hamburg, Germany, ArcelorMittal is trialing replacing natural gas with hydrogen to make DRI, with its industrial scale pilot project anticipated to be commissioned before the end of 2025. The DRI installations the Company has announced it is developing in Belgium, Canada and Spain are all being constructed to be hydrogen-ready, so as and when green hydrogen is available in sufficient quantities at affordable prices the Company can produce DRI with near zero-carbon emissions.
Approximately 250 jobs are expected to be created during the construction phase of the project in Port-Cartier, which is scheduled to be begin mid-2023 and complete before the end of 2025.
Expressing the Quebec government’s support for the project, Premier François Legault said: “With this project, the Port-Cartier plant will become one of the world’s largest producers of direct reduction pellets. The market is increasingly evolving towards this technology. We are therefore ensuring that ArcelorMittal will continue to create wealth in Quebec for many years. We are positioning our regions at the heart of the green economy of tomorrow. My message to companies looking for a place to reduce their GHG emissions is come and see us. We’ll help you carry out your projects promptly. Quebec is the best place in the world to invest in the green economy. To build together a greener, more prosperous and prouder Quebec.’’
Aditya Mittal, ArcelorMittal CEO, said:
“This project has an important role to play in our efforts to reduce our group’s CO2e emissions intensity by 25% by 2030, and our longer-term ambition to reach net zero by 2050. Not only does it deliver a significant reduction in our emissions at AMMC, but it also expands our ability to produce high-quality direct reduced iron pellets, which we will need in significant volumes as we transition to DRI-EAF steelmaking at our steel plants in Canada and Europe.
“I am grateful to Premier Legault and his government for the support it is providing in realising this project. It is the first significant decarbonisation project we have announced for our mining business and fitting that we are able to make this announcement at COP26 as it exemplifies the transformational change we need to deliver this decade as we move towards becoming a carbon-neutral business.”
“This investment will see us become one of the biggest direct reduction pellet producers in the world, thereby propelling ArcelorMittal Mining Canada into the forefront of mining and steel decarbonisation. From 2025 onwards we will have the capacity to produce ten million tonnes of very high-quality iron oxide pellets, with low silica content and high iron density, which will be highly strategic in the years ahead. This transformation will enable us to reduce our own current emissions by 200,000 tonnes of CO2e per year – equivalent to removing 57,600 cars from the road each year. Moreover, it will support a significant reduction in the carbon footprint of primary steelmaking. These pellets are the feedstock for DRI-EAF steelmaking, which given its significantly lower carbon footprint is expected to replace a significant amount of blast furnace capacity in the coming decades. It also provides a boost to the local economy and community as 250 jobs will be created for the construction phase which will start in the summer of 2023.”
About ArcelorMittal ArcelorMittal is the world’s leading steel and mining company, with a presence in 60 countries and primary steelmaking facilities in 17 countries. In 2020, ArcelorMittal had revenues of $53.3 billion and crude steel production of 71.5 million metric tonnes, while iron ore production reached 58.0 million metric tonnes.
Our goal is to help build a better world with smarter steels. 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).
PORT-CARTIER, October 21, 2021 – ArcelorMittal Mines and Infrastructure Canada (“PORT-CARTIER, October 21, 2021 – ArcelorMittal Mines and Infrastructure Canada (“ArcelorMittal”) is proud to announce its support as major partner of Centre d’Action Bénévole de Port-Cartier with a $600,000 donation to the project relocating the Centre to the former St-Alexandre de Port-Cartier church.
our desire to be a committed corporate citizen. This partnership is of great “By supporting this promising project, we are proud to affirm our commitment as a responsible corporate citizen even more strongly. This partnership is very important for ArcelorMittal because it will allow a sustainable improvement of the mission of Centre d’Action Bénévole de Port-Cartier. It therefore will benefit the entire local population,” declared Mapi Mobwano, President and Chief Executive Officer of ArcelorMittal.
Scheduled for winter 2023 for a total value estimated at $4 million, the project will allow the addition of four new services to the Centre d’Action Bénévole’s offering: a food assistance counter and cold storage rooms, a room adapted for a day centre, a highcapacity participatory kitchen, and a large hall that will be made accessible to businesses and people from the region.
“This is the biggest donation in the history of Centre d’Action Bénévole de Port-Cartier, and ArcelorMittal’s contribution is of inestimable value for our organization’s mission. Above all, the scope of this partnership represents an enormous step forward in making our relocation project a reality. We are delighted with the confidence shown by our major partner and we hope this announcement will encourage other local community leaders to support our mutual aid mission,” declared Laurencia Bond, Executive Director of Centre d’Action Bénévole de Port-Cartier.
The Centre d’Action Bénévole de Port-Cartier relocation project also provides for the upgrade of the former St-Alexandre church, which will allow revitalization of the building’s historic and heritage aspects and ensure its preservation for future generations. Organized in collaboration with the Conseil du Patrimoine religieux du Québec (CPRQ), the approach will make it possible to provide essential assistance to the local community and develop the region’s religious heritage.
About ArcelorMittal Infrastructure Canada G.P. and ArcelorMittal Mining Canada G.P.
Subsidiaries of ArcelorMittal, the world’s leading steel company and one of the five biggest international iron ore producers, ArcelorMittal Infrastructure Canada G.P. (“AMIC”) and ArcelorMittal Mining Canada G.P. (“AMEM”) 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 PortCartier, allowing transportation and shipping of AMEM products to four continents. AMMC produces concentrate and iron oxide pellets for the steel market. The two companies employ over 2,500 people, making ArcelorMittal the biggest employer on the North Shore.
