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16 Aug
14:30

German government pledges ArcelorMittal decarbonisation funding

The German government has pledged €2.5 billion ($2.73 billion) in funding to decarbonise steelmaking at ArcelorMittal’s Bremen and Eisenhüttenstadt plants, as soon as funding approval is provided by Brussels. The Federal Ministry of Economics and Climate Protection intends to support ArcelorMittal’s DRIBE project to transition to production using green hydrogen-based direct reduced iron feedstock initially produced at Bremen. ArcelorMitt…
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