Company: MT
Filing Date: 2025-03-10
Form Type: 20-F
Source: 0001243429-25-000017
Chunk: 139

Company: ArcelorMittal
Filing Date: 2025-03-10
Form: 20-F
Chunk 139
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                  |     |                  102.5 |     |                          |     |                    |
| 2023 aggregate ROM iron ore production, millions of tonnes1 |     |                  |     |                   98.4 |     |                          |     |                    |
| 2024 aggregate ROM iron ore production, millions of tonnes2 |     |                  |     |                  100.7 |     |                          |     |                    |
| Coal                                                        |     |                  |     |                        |     |                          |     |                    |
| Karaganda - Kazakhstan                                      |     |                  |     |                  100.0 |     | subsidiary               |     |               1956 |
| 2022 aggregate ROM coal production, millions of tonnes      |     |                  |     |                    7.0 |     |                          |     |                    |
| 2023 aggregate ROM coal production, millions of tonnes1     |     |                  |     |                    5.8 |     |                          |     |                    |

1. Total ROM iron ore and coal production in 2023 and 2022 includes Kazakhstan iron ore and coal mining operations, which were sold on December 7, 2023. Iron ore and coal production is included in the table through the transaction closing date. 2. Total ROM iron ore production in 2024 does not include Vallourec Pau Branco mine.

76

| Management report |

Summary of ArcelorMittal’s Mining Operations ArcelorMittal's iron ore mining operations include the captive mines of the North America, Brazil and Europe segments, Others and AMMC and AML in the Mining segment. ArcelorMittal has either 100%, equal or majority interest in these mining operations. In addition, the Company owns a 60% interest in the AMNS India joint venture and a 25.23% interest in the associate Baffinland. On August 6, 2024, the Company acquired a 28.4% interest in the associate Vallourec who owns and operates the Pau Branco mine in Brazil. ArcelorMittal's mining operations included full ownership of the captive iron ore and coal mines in Kazakhstan forming part of the former ACIS segment, until the sale of ArcelorMittal Temirtau (i.e., December 2023).

77

| Management report |

Iron ore operations North America ArcelorMittal Mexico Mining Assets ArcelorMittal Mexico operates two iron ore mines in Mexico, the Las Truchas