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28 Sep
14:29

ArcelorMittal secures loan from EIB for decarbonisation

The European Investment Bank (EIB) has granted a loan of €280 million ($327m) to ArcelorMittal, to support the company's decarbonisation plans, Kallanish notes. The loan will support capital expenditure in Belgium, Luxembourg, France and Spain, and is backed by a guarantee from the European Fund for Strategic Investments. "It will help the group to reach its ambitious climate action goals and thus to reduce the environmental footprint of its manufac…
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