Company: MT
Filing Date: 2025-08-01
Form Type: 6-K
Source: 0001243429-25-000067
Chunk: 34

Company: ArcelorMittal
Filing Date: 2025-08-01
Form: 6-K
Chunk 34
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 The approximately $0.2 billion investment project in Las Truchas will enable concentrate production to the blast furnace route (2.0 million tonnes per year) and DRI route (0.3 million tonnes per year) for a total of 2.3 million tonnes per year. Primary target is to supply ArcelorMittal Mexico steel operations with high quality feed. Due to delays in obtaining environmental permits, amplified by the strike/illegal blockade of the mine in the second and third quarters of 2024, production is expected to start in the second half of 2026. All major mechanical and electrical equipment is on site. Refurbishment of two clarifiers is essentially complete and ready for equipment installation. Piling work for the main mill building is nearing completion and associated earthworks ongoing. Other related civil works packages are ongoing.

h. ArcelorMittal Calvert is investing in advanced manufacturing facility in Calvert, Alabama that could deliver up to 150,000 tonnes of domestic production capacity of non-grain-oriented electrical steel ("NOES") annually, depending on the product mix. The project includes an annealing pickling line, cold-rolling mill, annealing coating line, packaging and slitter line, and ancillary equipment needed for operations. The investment is expected to create up to 1,300 jobs during the construction phase and more than 200 permanent positions to support the plant’s ongoing operations. The facility would be sited near existing Calvert operations. Estimated net capital expenditure is $0.9 billion (net of $0.3 billion of currently planned federal, state and local support). The plant is anticipated to commence production in the second half of 2027.

i. AMNS India medium-term plans are to expand and grow initially to approximately 15 million tonnes by the second half of 2026 in Hazira (phase 1) including automotive downstream and enhancements to iron ore operations, with estimated capital expenditure of approximately $7.7 billion ($0.8 billion for debottlenecking, $0.2 billion for operational readiness, $1.0 billion for downstream projects and $5.7 billion for upstream project). As part of phase 1, a Continuous Galvanizing Steel line (CGL3) capable of producing Advanced High Strength Steel for automotive sector was successfully commissioned in July 2025, and the full commissioning of its automotive downstream complex is expected by end 2025. Further capacity expansion is underway at Hazira, while land acquisition has commenced for a 7