Company: MT
Filing Date: 2025-03-10
Form Type: 20-F
Source: 0001243429-25-000017
Chunk: 120

Company: ArcelorMittal
Filing Date: 2025-03-10
Form: 20-F
Chunk 120
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     | ArcelorMittalInterest (%) |     | Type of Mine             |     | Product        |
| ArcelorMittal Brasil Andrade Mine  |     | Brazil  |     | State of Minas Gerais |     |                     100.0 |     | Iron Ore Mine (open pit) |     | Fines          |
| ArcelorMittal Mineração Serra Azul |     | Brazil  |     | State of Minas Gerais |     |                     100.0 |     | Iron Ore Mine (open pit) |     | Lump and fines |

1. n/a = not applicable (no crude steel production). 2. ArcelorMittal Vega commissioned a new hot dip galvanizing and annealing combiline in June 2024 in the framework of the expansion project. 3. Acindar commissioned a new hot dip galvanizing line in February 2024, which allowed for the dismantling the two old electro-galvanizing lines (LG-2 and LG-5) in December and May 2024, respectively. ArcelorMittal Brasil ArcelorMittal Brasil produces both flat and long steel products. Flat products are manufactured at ArcelorMittal Tubarão, ArcelorMittal Pecém and ArcelorMittal Vega. Its products include slabs, hot rolled coil, cold rolled coil and galvanized steel, and serve customers in automotive, appliances, construction and distribution segments. The Tubarão complex uses the integrated steelmaking route to produce slabs and rolling hot rolled coils and is strategically located with access to the Praia Mole Marine Terminal as well as road and railway systems. The Vega facility has cold rolling and coating facilities and easy access to the port of São Francisco do Sul. The Vega expansion project was completed in the second quarter of 2024 and is currently ramping up . The first cold rolled annealed coil was produced in the new continuous galvanizing and annealing combiline on June 19, 2024, followed by first coated coil on July 15, 2024 and first Magnelis coil on September 10, 2024. See "—Capital expenditures". A project is under development to construct a new high added value finishing line (cold rolling mill) and a continuous coating line at Tubarão facility. The project is undergoing internal approvals, and ArcelorMittal Brasil is currently moving forward with detailed engineering (full feasibility study). The Pecém facility located in the state of C