ArcelorMittal pays tribute to its builders of yesterday and today in its Corporate Manifesto

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.

ArcelorMittal devient Grand partenaire de Cancer Fermont

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.

ArcelorMittal announces CAD$205 million decarbonisation investment in its flagship Canadian mining operations with support from the Quebec government

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.”

Mapi Mobwano, CEO, ArcelorMittal Mining Canada, added:

“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).

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

actualites

ArcelorMittal makes a commitment to Centre d’Action Bénévole de Port-Cartier as a major partner with a $600,000 donation.

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.

actualites

ArcelorMittal receives the highest distinction in Quebec for fire prevention.

Fermont, Quebec, October 18, 2021 – ArcelorMittal Mines and Infrastructure Canada
(Fermont, Quebec, October 18, 2021 – ArcelorMittal Mines and Infrastructure Canada (“ArcelorMittal”) is proud to announce that, jointly with PMU Québec, it has won the Prix Triangle Vert 2020 of the Association des techniciens en prévention incendie du Québec (ATPIQ). This award recognized the high quality and scope of the emergency preparedness plans instituted by the organization and its Safety and Facilities Protection team.

Awarded by the ATPIQ, the Quebec reference in promotion of prevention and education in fire prevention, the Prix Triangle Vert is the most prestigious in its category in Quebec. The Prix Triangle Vert is generally won by municipal departments with the highest standards in the field, so ArcelorMittal is especially proud to receive this award and to become part of this select club recognized by the ATPIQ.

“We salute the remarkable work accomplished by our Safety and Facilities Protection teams. We are delighted that the ATPIQ has spotlighted the quality of our emergency preparedness plan by awarding the Prix Triangle Vert 2020. One of the pillars of our major transformation project is to offer a safe and healthy work environment and apply the highest standards in this field. This recognition is all the more appreciated, given that it confirms the excellence of our practices,” declared Guy Belleau, ArcelorMittal’s Chief Operating Officer.

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 company’s 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.

About PMU Québec
Since its founding in 2007, PMU Québec has adopted the mission of developing efficient emergency preparedness tools for companies and organizations seeking to be on the cutting edge of requirements in this field. As the leader in emergency preparedness in Quebec, the organization is recognized, by its clients, by its peers and by all decisionmakers in the civil protection field, for the quality of its work and especially for implementation of emergency measures and all kinds of training.

ArcelorMittal celebrates the 60th anniversary of its seaport at Port-Cartier

ArcelorMittal Infrastructure Canada (« ArcelorMittal ») est fière de souligner le 60e anniversaire de la toute première expédition de minerai de fer au départ du port de mer de Port-Cartier.

Port-Cartier, July 7, 2021 – ArcelorMittal Infrastructure Canada (“ArcelorMittal”) is proud to mark the 60th anniversary of the very first iron ore shipment from the seaport of Port-Cartier. In July 1961, the first vessel left Port-Cartier with the inaugural cargo. The construction of what would become the largest private port in Canada had been completed two months earlier.

Excavated from the bedrock and built by human hands over more than two years, the port of Port-Cartier represented a true feat of engineering in that period. Now active 365 days a year, the ArcelorMittal port at Port-Cartier ships over 26 million tonnes a year of iron ore, raw materials, fuel and grain to the international markets. An average of 450 vessels access the port each year, involving more than 900 arrival and departure manoeuvres.

infrastructures

“Our port is recognized internationally and has been part of our heritage for 60 years. Several generations have worked there with constant commitment to improvement. We are proud to welcome a dynamic, competent and motivated succession to continue this work. This anniversary reminds us how much we can be proud of the progress made and the promising future that lies ahead of us,” declared Mapi Mobwano, Chair of the ArcelorMittal Infrastructure Canada Management Committee.

“Operating a port on this scale brings its share of challenges, complex logistics and meteorological factors that solicit our teams’ specialized expertise. Since 1961, over 1.1 billion tonnes have been shipped. In December 2020, we reached a historic record with 2,822,734 tonnes shipped during this month, beating the record of 2,669,732 tonnes set in December 2018. We are proud to work here, and I thank our teams of passionate experts who ensure its efficient operation in total safety every day,” added Michael LaBrie, General Manager, Infrastructure.

Handling begins at the dumper with the arrival of each train of iron ore concentrate from the Mont-Wright (Fermont) mining complex. Two railcars are unloaded at a time and an average of 245,000 railcars are unloaded each year. The concentrate is then routed either to the pellet plant to fabricate iron ore pellets, or to load the vessels for shipping to four continents. The ArcelorMittal Infrastructure Canada team, which ensures the operation of the port and the railway, is comprised of over 600 skilled workers.

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.

End of the labor dispute at ArcelorMittal.

LONGUEUIL, June 8, 2021 – ArcelorMittal Mines and Infrastructure Canada (“ArcelorMittal”) confirms that today its workers ratified the agreement in principle reached between the company’s management and the negotiating committees of the five local unions of the United Steelworkers.

The labour dispute that began on May 10 ended this evening at 8 p.m., in accordance with the back-to-work protocol agreed to by the two parties. The new four-year collective labour agreement will provide stability for both employees and all the company’s partners.

“We are happy to turn the page on this conflict. The past few weeks have been a time to pause and start anew. We look forward to welcoming back our employees and I personally assure them of my commitment, as well as that of all managers and executives, to a safe and healthy work environment where respect must prevail,” declared Mapi Mobwano, President and Chief Executive Officer of ArcelorMittal Mining Canada and Chairman of the management committee of ArcelorMittal Infrastructure Canada.

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.

ArcelorMittal regrets the decision of members of the United Steelworkers Union to initiate a labour conflict.

LONGUEUIL, May 10, 2021 – ArcelorMittal Mines and Infrastructure Canada (« ArcelorMittal ») regrets the decision of members of the United Steelworkers Union to initiate a labour conflict and hopes for a quick return to the negotiating table to prevent a prolonged strike that would not serve anyone’s interests.

Working conditions for ArcelorMittal employees on the North Shore are among the most
Working conditions for ArcelorMittal employees on the North Shore are among the most competitive in the industry. The tentative agreement reached on April 12 with the executives of the five United Steelworkers locals contained generous proposals that respected the work of all employees. However, the agreement was rejected by the members.

New offers subsequently presented by ArcelorMittal on May 7, at the last meeting with the conciliator, further enhanced these proposals. However, the United Steelworkers executives recommended that their members reject these offers.

The company remains willing to return to the negotiating table at any time with the goal of reaching a negotiated and reasonable agreement between the two parties. Since December, the management of ArcelorMittal Mines and Infrastructure Canada has made every effort to maintain a calm and constructive working relationship at the various negotiating tables.

It should be noted that the last phase of the negotiations took place in the presence of a conciliator appointed by Québec’s Minister of Labour, Employment and Social Solidarity.

The current situation is having major impacts on the economy of the region and the whole province. ArcelorMittal Mines and Infrastructure Canada is an essential link in the entire steel production chain both in Quebec and elsewhere in the world, and the benefits of its presence in Quebec are considerable: The company spends approximately C$1.25 billion each year in the province and contributes C$1 billion to Quebec’s GDP. ArcelorMittal Mines and Infrastructure Canada generates over 8,300 direct and indirect jobs in Quebec.

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 Québec’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.

A new agreement in principle reached between ArcelorMittal and the five local unions of the United Steelworkers.

LONGUEUIL, June 8, 2021 – ArcelorMittal Mines and Infrastructure Canada (“ArcelorMittal”) confirms that today its workers ratified the agreement in principle reached between the company’s management and the negotiating committees of the five local unions of the United Steelworkers.

TThe labour dispute that began on May 10 ended this evening at 8 p.m., in accordance with the back-to-work protocol agreed to by the two parties. The new four-year collective labour agreement will provide stability for both employees and all the company’s partners.

>> Click here to read the full press release.

“We are happy to turn the page on this conflict. The past few weeks have been a time to pause and start anew. We look forward to welcoming back our employees and I personally assure them of my commitment, as well as that of all managers and executives, to a safe and healthy work environment where respect must prevail,” declared Mapi Mobwano, President and Chief Executive Officer of ArcelorMittal Mining Canada and Chairman of the management committee of ArcelorMittal Infrastructure Canada.

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.

ArcelorMittal Infrastructure Canada G.P. is proud to celebrate today the 60th anniversary of its railway linking the Mont-Wright mine to its facilities in Port-Cartier.

Port-Cartier, Port-Cartier, Québec, December 10, 2020 – ArcelorMittal Infrastructure Canada (“ArcelorMittal”) is proud to celebrate today the 60th anniversary of its railway linking the Mont-Wright mine to its facilities in Port-Cartier. Inaugurated on December 10, 1960, this railway represented at the time an essential access route for the development of Northern Québec. Today, it remains essential to the economic vitality of Québec’s North Shore region.

Sixty years after its inauguration, ArcelorMittal’s railway remains a strategic link to enable the shipment of more than 25 million tonnes of iron ore to international markets each year.

“Our railway is at the heart of our company’s rich history in Québec. It is an integral part of the province’s heritage and we are proud of how far we have come in the last 60 years. I salute the expertise of our employees who ensure, in a safe and competent manner, the operation, maintenance and continuous evolution of the railway,” declared Mapi Mobwano, Chairman of ArcelorMittal Infrastructure Canada’s Management Committee.

> Click here to read the full news release.

“I would like to thank our employees who do an outstanding job of coordinating all our activities impeccably, with all the challenges involved in transporting 75,000 tonnes of iron ore on a single rail line every day. The technological advances we continually integrate make it a world-class asset of which we can all be proud,” added Michael LaBrie, General Manager, ArcelorMittal Infrastructure Canada.

A true feat of engineering and construction, the ArcelorMittal railway is 420 km long. It includes 50% curves, 20 bridges, 5 tunnels and 19 sidings. Nowadays, a train consists of 210 wagons and is more than two kilometres long, requiring the use of three locomotives.

The ArcelorMittal Infrastructure Canada team, who ensures its operation as well as the operation of the Port-Cartier seaport, includes over 600 specialized employees.

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

Subsidiaries of ArcelorMittal, the largest steel producer in the world 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 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.