Veolia and ArcelorMittal to modernize energy production at Fos-sur-Mer site [Reuters]
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Source: Reuters
ArcelorMittal SA (MT.N) Key Developments | Reuters.com May 23 (Reuters) - Veolia /ArcelorMittal ::* Creation of joint venture to modernize the energy production plant at Fos-sur-Mer and to improve the site’s environmental performance.* Aim to optimize recovery of energy from steelmaking gases and reducing CO2 emissions.* Investments required to renovate the energy installations will be made by a joint venture owned 50/50 by ArcelorMittal Méditerranée and Veolia Industries Global Solutions, and will represent about €190 million over a period of 3 years.* Operation and maintenance of this plant will be entrusted to Veolia Industries Global Solutions for a period of 15 years, and will generate revenue of about €450 million over that period.* The Fos-sur-Mer site, which has an annual production capacity of 4.6 million metric tons of steel and specializes in the production of hot-rolled coils, is one of the largest ArcelorMittal sites in Europe. Reuters, the news and media division of Thom
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News
- ArcelorMittal S.A. (NYSE: MT) had its "hold" rating re-affirmed by analysts at Deutsche Bank Aktiengesellschaft. They now have a $31.00 price target on the stock, down previously from $34.00.MarketBeat
- ArcelorMittal's Irina Gorbounova Joins CHAR Tech Board of Directors [Yahoo! Finance]Yahoo! Finance
- ArcelorMittal's Irina Gorbounova Joins CHAR Tech Board of Directors [Financial Post (Toronto, Ontario, Canada)]Financial Post
- 20 Countries with the Largest Slum Population in the World [Yahoo! Finance]Yahoo! Finance
- ArcelorMittal S.A.: ArcelorMittal publishes interim update on its company-wide safety auditGlobeNewswire
MT
Earnings
- 2/8/24 - Beat
MT
Sec Filings
- 4/10/24 - Form 6-K
- 4/8/24 - Form F-3ASR
- 4/8/24 - Form 6-K
- MT's page on the SEC website