Company: MT
Filing Date: 2025-03-10
Form Type: 20-F
Source: 0001243429-25-000017
Chunk: 100

Company: ArcelorMittal
Filing Date: 2025-03-10
Form: 20-F
Chunk 100
---
house Gas Emission Trading System was approved in December 2024. The new law is based on a minimum emissions threshold rather than specific sectors. Installations emitting above 10 thousand tonnes of CO 2 per year per source or installation must report their emissions. Installations emitting more than 25 thousand tonnes of CO 2 per year, in addition to mandatory reporting, must carry out periodic reconciliation of obligations. The regulation applies equally to all sectors of the economy, except for primary agricultural production which was expressly excluded. The state of Ceará has published Law No. 18.458/2023, instituting the state policy for green, sustainable hydrogen and its derivatives within the scope of the state of Ceará and creating the state council for governance and development of the production of green, sustainable hydrogen and its derivatives.

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| Management report |

Canada In Canada, depollution attestations applicable to AMMC facilities are currently being renewed and may include more restrictive standards. In the province of Quebec, the renewal requests for depollution attestations for AMMC's Mont Wright operations, Fire Lake, and Port-Cartier pellet plant are currently in the analysis stage by environmental authorities. They aim to apply the same standards to all mines. These permits establish targets for water, air, soil, and waste management, as well as the monitoring and reporting frequencies and requirements for each target. Furthermore, the Contrecoeur West depollution attestation was scheduled to be renewed in 2023; the renewal application was filed in June 2023, awaiting further input from the Government. The Contrecoeur East depollution attestation is scheduled to be renewed in 2026, the application must be filled in the third quarter of 2025. Also, starting January 1, 2024, r oyalty rates are payable for contaminated soils for landfilling (CAD$10/t) or treating (CAD$5/t). Quebec’s government expanded the scope of the regulation related to compensation for adverse effects on wetlands and bodies of water. It will apply to projects conducted in Port- Cartier, Mont Wright, and Fire Lake and might extend to AMLPC’s future projects. Also in Quebec, the regulation respecting royalties payable for the use of water was amended to increase, as of January 1, 2024, the royalty rates from CAD$2.5 per million liters (“CAD$/ML”) of water to CAD$35/ML, and from CAD$70/ML to CAD$ 150