Company: MT
Filing Date: 2025-03-10
Form Type: 20-F
Source: 0001243429-25-000017
Chunk: 75

Company: ArcelorMittal
Filing Date: 2025-03-10
Form: 20-F
Chunk 75
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els, renewables, insulation, sheet piles) to support customers in key sectors of the low carbon economy. Key examples include: • Hydrogen: On August 1, 2024, ArcelorMittal launched the steel brand HyMatch® for hydrogen transport pipelines and supporting the implementation of hydrogen infrastructure globally • Electric Vehicles: On February 6, 2025, ArcelorMittal announced a project to construct an advanced manufacturing facility in Calvert, Alabama see "Introduction — Sustainable development highlights". This builds upon the facility under construction in Mardyck (France) which will produce 170,000 tonnes and the existing site in France at Saint-Chely d'Apcher (80,000 tonnes) • Low carbon emissions buildings: On May 31, 2024, ArcelorMittal announced that it was adding to the existing portfolio in lightweighting insulation panels through acquisitions of Italpannelli’s Italian and Spanish businesses. Combined, the two facilities operate seven production lines with a capacity of thirteen million m 2 of sandwich panels a year. These solutions build on those already available across the group in low-carbon emissions buildings (e.g. Steligence brand), renewables (e.g. Magnelis® for solar) and flood protection (EcoSheetPile™ Plus range). The role of standards in driving demand for low-carbon emissions steel In line with its intention to lead developments in decarbonization, ArcelorMittal published a concept for a low-carbon emissions steel standard in June 2022 to help incentivize the decarbonization of steelmaking globally and support the creation of market demand for physical steel products which would be classified as lower, and ultimately near-zero, carbon emissions steel. The concept involves: • A dual scoring system which provides customers with a LCA value alongside a rating system which measures a company’s progress towards near-zero • Incentivizing the decarbonization of both primary and secondary steelmaking • Providing transparency and consistency across steel products for customers • Supporting the development of markets for low-carbon emissions steel The Company believes that the creation of clear definitions for low-carbon emissions physical steel is an important component of ‘demand pull’ and ‘supply push’ mechanisms that are required to support the steel industry in its transition to net-zero by 2050. Clear definitions will also help inform targeted policy to support the scale-up and commercialization of these near-zero technologies. These views concur with those of several credible independent bodies, including the Centre for Climate Aligned Finance, The Energy Transitions