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23 Feb

EC clears €1.3 billion state aid to increase H2 adoption

The European Commission approved on Friday a €1.3 billion ($1.4 billion) state aid measure to support steelmaker ArcelorMittal to decarbonise its operations in Germany. The German measure, made available part through the Recovery and Resilience Facility (RRF), will support ArcelorMittal Bremen and ArcelorMittal Eisenhüttenstadt through a direct grant. The company plans to use the funding to build a direct reduction plant and three new electric arc furna…
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