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MTS - ArcelorMittal SA News Story

€24.48 -0.4  -1.5%

Last Trade - 03/12/21

Sector
Basic Materials
Size
Large Cap
Market Cap £20.38bn
Enterprise Value £24.97bn
Revenue £52.87bn
Position in Universe 15th / 733

BRIEF-ArcelorMittal Signs LoI With Governments Of Belgium And Flanders

Tue 28th September, 2021 10:14am
Sept 28 (Reuters) - ArcelorMittal SA  MT.LU :
    * SIGNS LETTER OF INTENT WITH GOVERNMENTS OF BELGIUM AND
FLANDERS
    * LOI SUPPORTING EUR 1.1 BILLION INVESTMENT IN
DECARBONISATION
TECHNOLOGIES AT ITS FLAGSHIP GENT PLANT
    * ARCELORMITTAL BELGIUM WILL REDUCE CO2 EMISSIONS BY 3.9
MILLION
TONNES PER YEAR BY 2030
    * APPROVAL FROM EUROPEAN COMMISSION FOR FUNDING SUPPORT WILL
ALSO
BE REQUIRED
    * REDUCING BY BUILDING A 2.5 MILLION-TONNE DIRECT REDUCED
IRON
(DRI) PLANT AND TWO ELECTRIC FURNACES AT ITS GENT SITE

Source text: [https://bit.ly/39GTJDR ]
Further company coverage:  MT.LU 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))
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