Company: MT
Filing Date: 2025-03-10
Form Type: 20-F
Source: 0001243429-25-000017
Chunk: 72

Company: ArcelorMittal
Filing Date: 2025-03-10
Form: 20-F
Chunk 72
---
 group Fluxys. The Ghent Carbon Hub will be an open-access hub to transport and liquefy CO 2 from emitters, provide buffer storage and load the CO 2 onto ships for onward permanent storage. The project should have the capacity to process 6 million tonnes of CO 2 per year – equivalent to around 15% of Belgium’s industrial CO 2 emissions. North Sea Port, a 60

38

| Management report |

kilometer-long cross border port in Belgium and the Netherlands, is home to a cluster of energy intensive industries with a significant CO 2 footprint. In late 2022, the project was awarded a €9.6 million grant from the EU Commission’s Connecting Europe Facility for Energy (CEF-E) funding program. MHI carbon capture plant: capturing and storing off-gases from the steelmaking process Also in Ghent, the Company has partnered with Mitsubishi Heavy Industries (MHI), BHP and Mitsubishi Development for a pilot carbon capture project to test the capture of off-gases from the blast furnace at a rate of 300kg of CO 2 per day in an initial phase, using MHI’s proprietary carbon capture technology. The project, which has been operational since May 2024, will also involve a second phase that involves testing the separation and capture of CO 2 in hot strip mill off-gases (and potentially on DRI). 3D DMX™: capturing and storing blast furnace waste gas for transporting and storage in Dunkirk, France In Dunkirk (France), a successful CCS pilot project has been completed, using low temperature heat to separate CO 2 from other blast furnace off-gases at a capture rate of 0.5 tonnes of CO 2 per hour. The project, which started in April 2023, successfully achieved high capture rates. Steelanol CCU plant The Steelanol facility at ArcelorMittal's steel plant in Ghent (Belgium) reached full operational capacity in November 2023 and is currently converting carbon-rich industrial emissions from its blast furnace into fuel-grade ethanol by using leading carbon recycling technology developed by LanzaTech. The produced ethanol can be sold directly into fuel markets, or further purified or converted for use in a wide array of consumer products such as apparel, personal care, and packaging. In December 2024, LanzaTech took title to the first barge shipment, which is purified and sold to LanzaTech’s CarbonSmart customers in fragrance and home care markets. The Company is also investing in technologies that