ArcelorMittal accelerates its decarbonisation with a €1.7 billion
investment programme in France, supported by the French Government
4 February 2022,
12:00
CET
Visiting the ArcelorMittal site in Dunkirk, France, today,
French Prime Minister Jean Castex, Minister of Ecological
Transition Barbara Pompili, and Minister of Industry
Agnès Pannier-Runacher were welcomed by Eric Niedziela,
Chairman of ArcelorMittal France and Vice President Climate Action
ArcelorMittal Europe, Matthieu Jehl, CEO of ArcelorMittal France,
Bruno Ribo, CEO of ArcelorMittal Méditerranée, and Yves Koeberlé,
CEO of ArcelorMittal Europe – Flat Products.
The Prime Minister announced support from the French Government
for ArcelorMittal’s decarbonisation programme in France, which
involves a €1.7 billion investment in its Fos-sur-Mer and Dunkirk
sites in France. This investment will enable a profound
transformation of steelmaking in France and a total reduction of
close to 40% or 7.8 million tonnes per year in ArcelorMittal’s CO2
emissions in France by 2030. This transformation will represent a
10% reduction in greenhouse gas emissions from the manufacturing
industry in France and put France’s steelmaking industry on the
path of the Paris Agreement.
The transformation of steelmaking operations will generate
positive and sustainable dynamics for employment and industrial
activity in France, especially in the Dunkirk and Fos-sur-Mer
areas.
ArcelorMittal will implement €1.7 billion of investments by 2030
to accelerate the decarbonisation of its steelmaking sites in
Fos-sur-Mer and Dunkirk while maintaining equivalent production
capacities:
- In Fos-sur-Mer, ArcelorMittal will build an Electric Arc
Furnace (EAF). This new unit will complement the ladle furnace
announced last March and supported by France’s recovery plan,
‘France Relance’. Together these investments will turn Fos-sur-Mer
into a reference site for the production of low carbon, circular
steel, made from recycled steel;
- In Dunkirk, ArcelorMittal will build a 2.5 million tonne Direct
Reduction of Iron (DRI) unit to transform iron ore using hydrogen
instead of coal. This DRI will be coupled with an innovative
technology electric furnace and completed by an additional Electric
Arc Furnace (EAF). Other investments are already under way to
continue to increase the proportion of scrap steel used.
The new industrial facilities will be operational starting in
2027 and will gradually replace 3 out of 5 of ArcelorMittal’s blast
furnaces in France by 2030 (2 out of 3 in Dunkirk, 1 out of 2 in
Fos).
Decarbonising the Fos-sur-Mer and Dunkirk sites will contribute
to maintaining and developing the French steelmaking industry. It
will also support the strengthening and development of local
ecosystems, generating positive and sustainable dynamics for
employment and industrial activity in France, especially in the
Dunkirk and Fos-sur-Mer areas.
Commenting, Eric Niedziela, Chairman of
ArcelorMittal France and Vice President Climate Action
ArcelorMittal Europe,
said:
“ArcelorMittal is honored that the French State supports our
projects. We are proud to have this unique opportunity to
contribute to the objectives of the France 2030 plan and to
maintaining a strong manufacturing industry in France, serving
European markets. ArcelorMittal’s management team and its 15,500
employees in France are mobilised to succeed in this new industrial
revolution and we will be happy to welcome new talents willing to
participate in this extraordinary adventure.”
Yves Koeberlé, CEO of ArcelorMittal Europe – Flat
Products, added:
“As a leader in steelmaking, ArcelorMittal is committed to
decarbonising its plants in Europe to serve our industrial
customers – automotive, packaging, construction, transport but also
solar and wind energy and future networks for hydrogen and CO2
capture. We are grateful for this support from the French State
which will enable the major transformation of our sites in
Fos-sur-Mer and Dunkirk which together account for over one-third
of ArcelorMittal’s flat steel production in Europe.”
Matthieu Jehl, CEO of ArcelorMittal France,
said:
“This support makes possible the extremely high investments we
need to make to decarbonise steelmaking on our Dunkirk site,
Europe’s largest steel producing site. We will therefore continue
transforming our sites in France to deliver our customers with low
carbon steel.”
Bruno Ribo, CEO of ArcelorMittal Méditerranée,
said:
“Our Fos-sur-Mer site will undergo a first-of-a-kind
transformation to decarbonize. Our teams are already implementing a
first investment – our ladle furnace – which will increase our
production of low carbon steel. We are ready to continue.”
ArcelorMittal’s French operations have already started working
on a second step in their decarbonisation programme, which will use
the technologies implemented during the first step, along with
carbon capture and storage or utilisation (CCU/S) technologies,
assuming the technology sufficiently matures and regulation ensures
it economic viability. This second step will enable ArcelorMittal’s
French operations to reach carbon neutrality by 2050.
The partnership between ArcelorMittal and the French government
for the projects is subject to EU approval, which is anticipated by
the second quarter of this year, as well as the availability of
economically viable energy infrastructure and supply.
Decarbonising
ArcelorMittal’s operations in France: three ways to carbon
neutralityArcelorMittal plays its part in the fight
against climate change and has set ambitious objectives: a 35%
reduction in CO2 emissions in Europe and a -25% reduction globally
by 2030; and carbon neutrality by 2050.To do this, ArcelorMittal
will change completely the way it produces steel, by:✅ Increasing
the recycling of steel: one kilo of steel produced by ArcelorMittal
in France will soon contain up to 25% recycled steel✅ Developing
innovative DRI, to make steel without coal, with hydrogen✅
Capturing residual CO2 for storage or usage (CCU/S).
ENDS
About ArcelorMittal
ArcelorMittal is the world's leading steel and
mining company, with a presence in 60 countries and primary
steelmaking facilities in 17 countries. In 2020, ArcelorMittal had
revenues of $53.3 billion and crude steel production of 71.5
million metric tonnes, while iron ore production reached 58.0
million metric tonnes.
Our goal is to help build a better world with
smarter steels. Steels made using innovative processes which use
less energy, emit significantly less carbon and reduce costs.
Steels that are cleaner, stronger and reusable. Steels for electric
vehicles and renewable energy infrastructure that will support
societies as they transform through this century. With steel at our
core, our inventive people and an entrepreneurial culture at heart,
we will support the world in making that change. This is what we
believe it takes to be the steel company of the future.
ArcelorMittal is listed on the stock exchanges
of New York (MT), Amsterdam (MT), Paris (MT), Luxembourg (MT) and
on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and
Valencia (MTS).
For more information about ArcelorMittal please
visit: http://corporate.arcelormittal.com/
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