Tag: ArcelorMittal

Carbon capture in the steel industry: ArcelorMittal, Mitsubishi Heavy Industries Engineering, BHP and Mitsubishi Development sign collaboration agreement

Stuart Mitchell

ArcelorMittal, and mining company, Mitsubishi Heavy Industries Engineering (MHIENG), a pioneer in carbon capture technology, leading global resources company, BHP, along with Mitsubishi Development Pty Ltd are collaborating on a multi-year trial of MHIENG’s carbon capture technology with ArcelorMittal, following the signing of a funding agreement between the parties. The companies will also conduct a feasibility and design study to support progress to full scale deployment. The agreement, which involves a trial at ArcelorMittal’s steel plant in Gent, Belgium and another site in North America, brings together the expertise of…

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ArcelorMittal breaks ground on first transformational low-carbon emissions steelmaking project

Stuart Mitchell

Transition to DRI-EAF steelmaking set to reduce carbon emissions at ArcelorMittal Dofasco in Canada by 3 million tonnes and remove coal from the Company’s North American flat steel franchise ArcelorMittal (the ‘Company’), in the presence of the governments of Canada and Ontario, has today broken ground on its CAD$1.8 billion investment decarbonisation project at the ArcelorMittal Dofasco plant in Hamilton, Ontario, Canada. The project, a partnership between ArcelorMittal and the governments of Canada and Ontario, which was first announced in July last year, will play an important role in ensuring…

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ArcelorMittal publishes second group climate action report

Stuart Mitchell

ArcelorMittal has published its second group climate action report, following the first group report published in May 2019 and the European climate action report published in May 2020. In the new report, ArcelorMittal has for the first time announced a 2030 global carbon emissions intensity reduction target of 25%. It has also increased its European 2030 carbon emissions intensity reduction target to 35% from 30% previously announced. All targets are on a scope 1 and 2 basis. The Company had previously announced a net zero by 2050 ambition in September…

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