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18 Apr

ArcelorMittal extends use of renewable energy in Brazil

ArcelorMittal will significantly increase the use of renewable energy in its entire production chain in Brazil, Kallanish notes. The steelmaker has signed a partnership agreement with Casa dos Ventos, one of the country’s largest producers of renewable energy, to develop a 554 megawatts wind power project. ArcelorMittal will have a 55% stake in the joint venture, after the Brazilian antitrust body approved the deal on 13 April. “The $800 million proje…
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