# EDGAR Filing Document

**Accession Number:** 0001243429
**File Stem:** 0001387131-23-000930
**Filing Date:** 2023-1
**Character Count:** 13911
**Document Hash:** 9c5c4dc7e9361990dd58812dae62f0eb
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001387131-23-000930.hdr.sgml**: 20230130

**ACCESSION NUMBER**: 0001387131-23-000930

**CONFORMED SUBMISSION TYPE**: 6-K

**PUBLIC DOCUMENT COUNT**: 5

**CONFORMED PERIOD OF REPORT**: 20230127

**FILED AS OF DATE**: 20230130

**DATE AS OF CHANGE**: 20230130

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ArcelorMittal
- **CENTRAL INDEX KEY:** 0001243429
- **STANDARD INDUSTRIAL CLASSIFICATION:** STEEL WORKS, BLAST FURNACES  ROLLING MILLS (COKE OVENS) [3312]
- **IRS NUMBER:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 6-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-35788
- **FILM NUMBER:** 23566164

**BUSINESS ADDRESS:**
- **STREET 1:** 24-26, BOULEVARD D?AVRANCHES
- **STREET 2:** L-1160 LUXEMBOURG
- **CITY:** GRAND DUCHY OF LUXEMBOURG
- **STATE:** N4
- **ZIP:** 00000
- **BUSINESS PHONE:** 35247922151

**MAIL ADDRESS:**
- **STREET 1:** 24-26, BOULEVARD D?AVRANCHES
- **STREET 2:** L-1160 LUXEMBOURG
- **CITY:** GRAND DUCHY OF LUXEMBOURG
- **STATE:** N4
- **ZIP:** 00000

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ARCELOR
- **DATE OF NAME CHANGE:** 20030618

**UNITED STATES<br> SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**—————————**

**FORM 6-K**

**REPORT OF FOREIGN PRIVATE ISSUER<br> PURSUANT TO RULE 13a-16 OR 15d-16<br> UNDER THE SECURITIES EXCHANGE ACT OF 1934**

**—————————**

Dated January 27, 2023

Commission File Number: 001-35788

ARCELORMITTAL

(Translation of registrant's name into English)

24-26, Boulevard d'Avranches

L-1160 Luxembourg

Grand Duchy of Luxembourg

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒ Form 40-F ☐

On January 27, 2023, ArcelorMittal published the press releases attached hereto as Exhibits 99.1 and 99.2 and hereby incorporated by reference into this report on Form 6-K.

**Exhibit Index**

---

| | |
|:---|:---|
| <u>Exhibit No.</u> | <u>Description</u> |
| [Exhibit 99.1](ex99-1.htm) | Press release, dated January 27, 2023, ArcelorMittal invests $36 million in steel decarbonisation disruptor Boston Metal |
| [Exhibit 99.2](ex99-2.htm) | Press release, dated January 27, 2023, ArcelorMittal announces the publication of its fourth quarter 2022 sell-side analyst consensus figures |

---

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

ARCELORMITTAL

Date 27 January 2023

---

| | |
|:---|:---|
| By: | /s/ Henk Scheffer |
|  | Name: Henk Scheffer |
|  | Title: Company Secretary & Group Compliance & Data Protection Officer |

---

## Exhibit 99.1

[ArcelorMittal 6-K](mt_6k-012723.htm)

**Exhibit 99.1**

![](logo_001.jpg)

press release<br>

**ArcelorMittal invests $36 million in steel decarbonisation disruptor Boston Metal**

***Largest initial investment to date through XCarb® Innovation Fund***

**27 January 2023, 08:00 CET**

ArcelorMittal (the 'Company') today announces it has invested $36 million in Boston Metal. The transaction is the Company's largest single initial investment to date through its XCarb® Innovation Fund. The fund, launched in March 2021, targets investing in the best and brightest technologies that hold the potential to play a meaningful role in the decarbonisation of the steel industry, a process ArcelorMittal intends to lead.

ArcelorMittal's investment has led a $120 million Series C fundraising round undertaken by Boston Metal. Other participants in the round include Microsoft's Climate Innovation Fund and SiteGround Capital, who join Boston Metal's existing shareholder register which features the likes of Breakthrough Energy Ventures, mining majors Vale and BHP, BMW i Ventures and several cleantech venture capital funds.

Founded in 2013, Boston Metal is developing and commercialising a patented Molten Oxide Electrolysis (MOE) platform for decarbonising primary steelmaking. MOE uses electricity to produce molten steel through a direct, one-step process. The MOE cell is capable of processing a wide range of iron ore grades through high temperature electrolysis, producing relatively impurity-free liquid steel with no accompanying CO<sub>2 </sub> emissions. As a fully customisable steel manufacturing solution, the modular MOE cells can be scaled until desired production capacity is reached. Boston Metal has raised over $200 million in three fundraising rounds and grown from a team of eight employees in 2018 to over 100 today. It is targeting commercialisation of its technology by 2026.

**Commenting, Aditya Mittal, CEO, ArcelorMittal, said:** 

*"In Boston Metal, we are investing in a team that has made impressive progress over a relatively short period of time, developing a technology that has exciting potential to revolutionise steelmaking. In our extensive discussions with them, we have been impressed by the passion and vision they have to contribute to the decarbonisation of steelmaking. They are an exciting and welcome addition to the XCarb® Innovation Fund's portfolio."*

 

**Tadeu Carneiro, Chairman and CEO, Boston Metal, added:**

*"We believe we have the experienced team, strong financial backing, and the innovative technology required to disrupt the industry. ArcelorMittal's support further reinforces our capacity to lead the green steel revolution."*

 ****

Page 1 of 2

Since its launch ArcelorMittal's XCarb® Innovation Fund has now committed to investments in six companies covering a range of decarbonisation technologies – renewable energy, long-term battery storage, carbon capture and re-use, hydrogen electrolysis, nuclear energy and now direct electrolysis. The Fund is also an anchor partner in Breakthrough Energy's Catalyst program, having committed to investing $100 million over a five-year period. For more information on the Fund go to <u>https://corporate.arcelormittal.com/climate-action/xcarb/xcarb-innovation-fund.</u>

**ENDS**

 ****

***About ArcelorMittal***

*ArcelorMittal is the world's leading steel company, with a presence in 60 countries and primary steelmaking facilities in 16 countries. In 2021, ArcelorMittal had revenues of $76.6 billion and crude steel production of 69.1 million metric tonnes, while iron ore production reached 50.9 million metric tonnes.* 

 

*Our purpose is to produce ever smarter steels that have a positive benefit for people and planet. Steels made using innovative processes which use less energy, emit significantly less carbon and reduce costs. Steels that are cleaner, stronger and reusable. Steels for electric vehicles and renewable energy infrastructure that will support societies as they transform through this century. With steel at our core, our inventive people and an entrepreneurial culture at heart, we will support the world in making that change. This is what we believe it takes to be the steel company of the future.* 

 

*ArcelorMittal is listed on the stock exchanges of New York (MT), Amsterdam (MT), Paris (MT), Luxembourg (MT) and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and Valencia (MTS).* 

 

*For more information about ArcelorMittal please visit: <u>http://corporate.arcelormittal.com/</u>*

 

---

| | |
|:---|:---|
| **Contact information ArcelorMittal Investor Relations** |  |
| General | +44 20 7543 1128 |
| Retail | +44 20 3214 2893 |
| SRI | +44 20 3214 2801 |
| Bonds/Credit<br> E-mail | +33 171 921 026<br> <u>investor.relations@arcelormittal.com</u> |
| **Contact information ArcelorMittal Corporate Communications** |  |
| <br> Paul Weigh<br> Tel:<br> E-mail: | <br>+44 20 3214 2419<br> <u>press@arcelormittal.com</u> |

---

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## Exhibit 99.2

[ArcelorMittal 6-K](mt_6k-012723.htm)

**Exhibit 99.2**

![](logo_002.jpg)

press release<br>

 ****

**ArcelorMittal announces the publication of its fourth quarter 2022 sell-side analyst consensus figures** 

**27 January 2023, 18:00 CET**

ArcelorMittal today announces the publication of its fourth quarter 2022 sell-side analysts' consensus figures.

The consensus figures are based on analysts' estimates recorded on an external web-based tool provided and managed by an independent company, Visible Alpha.

To arrive at the consensus figures below, Visible Alpha has aggregated the expectations of sell-side analysts who, to the best of our knowledge, cover ArcelorMittal on a continuous basis. This is currently a group of approximately 15 brokers.

The listed analysts follow ArcelorMittal on their own initiative and ArcelorMittal is not responsible for their views. ArcelorMittal is neither involved in the collection of the information nor in the compilation of the estimates.

**4Q'22 consensus estimates**

---

| | |
|:---|:---|
| · EBITDA ($m) | $1257 |
| · Net income ($m) | $358 |
| · Earnings per share ($) | $0.38 |

---

Number of sell-side analyst participation: 10 brokers

The sell-side analysts who cover ArcelorMittal and whose estimates are included in the 4Q'22 group consensus outlined above are the following:

* Bank of America – Patrick Mann, Jason Fairclough

* CITI – Ephrem Ravi, Krishan Agarwal

* Deutsche Bank – Bastian Synagowitz

* Exane – Tristan Gresser

* Groupo Santander – Robert Jackson

* Kepler – Rochus Brauneiser

* Keybanc – Phil Gibbs

* Morgan Stanley – Alain Gabriel

* Oddo – Maxime Kogge

* UBS – Myles Allsop, Andrew Jones

Page 1 of 3

**Disclaimer**

Estimates based on Visible Alpha consensus dated 27.01.23.

The information provided by Visible Alpha cited herein is provided "as is" and "as available" without warranty of any kind. Use of any Visible Alpha data is at a user's own risk and Visible Alpha disclaims any liability for use of the Visible Alpha data. Although the information is obtained or compiled from reliable sources Visible Alpha neither can nor does guarantee or make any representation or warranty, either express or implied, as to the accuracy, validity, sequence, timeliness, completeness or continued availability of any information or data, including third-party content, made available herein. In no event shall Visible Alpha be liable for any decision made or action or inaction taken in reliance on any information or data, including third-party content. Visible Alpha further explicitly disclaims, to the fullest extent permitted by applicable law, any warranty of any kind, whether express or implied, including warranties of merchantability, fitness for a particular purpose and non-infringement.

The consensus estimate is based on estimates, forecasts and predictions made by third party financial analysts, as described above. It is not prepared based on information provided or checked by ArcelorMittal and can only be seen as a consensus view on ArcelorMittal's results from an outside perspective. ArcelorMittal has not provided input on these forecasts, except by referring to past publicly disclosed information. ArcelorMittal does not accept any responsibility for the quality or accuracy of any individual forecast or estimate. This web page may contain forward-looking statements based on current assumptions and forecasts made by ArcelorMittal or third parties. Various known and unknown risks, uncertainties and other factors could lead to material differences between ArcelorMittal's actual future results, financial situation, development or performance, and the estimates given here. These factors include those discussed in ArcelorMittal's periodic reports available on http://corporate.arcelormittal.com/.

**<u>Additional share buyback disclosure</u>**

The Company has also provided additional share buyback information on its website summarising the latest share buyback transactions and provides a model for the latest weighted average per share data. This information is updated each quarter shortly after quarter close.

ArcelorMittal share status as of December 31st, 2022 accessible on <u>http://www.arcelormittal.com</u> under "Investors" - "Equity Investors" - "Share buyback program"

**ENDS**

***About ArcelorMittal***

*ArcelorMittal is the world's leading steel company, with a presence in 60 countries and primary steelmaking facilities in 16 countries. In 2021, ArcelorMittal had revenues of $76.6 billion and crude steel production of 69.1 million metric tonnes, while iron ore production reached 50.9 million metric tonnes.* 

 

*Our purpose is to produce ever smarter steels that have a positive benefit for people and planet. Steels made using innovative processes which use less energy, emit significantly less carbon and reduce costs. Steels that are cleaner, stronger and reusable. Steels for electric vehicles and renewable energy infrastructure that will support societies as they transform through this century. With steel at our core, our inventive people and an entrepreneurial culture at heart, we will support the world in making that change. This is what we believe it takes to be the steel company of the future.* 

 

*ArcelorMittal is listed on the stock exchanges of New York (MT), Amsterdam (MT), Paris (MT), Luxembourg (MT) and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and Valencia (MTS).* 

 

*For more information about ArcelorMittal please visit: <u>http://corporate.arcelormittal.com/</u>*

Page 2 of 3

 

---

| | |
|:---|:---|
| **Contact information ArcelorMittal Investor Relations** |  |
| General | +44 20 7543 1128 |
| Retail | +44 20 3214 2893 |
| SRI | +44 20 3214 2801 |
| Bonds/Credit<br> E-mail | +33 171 921 026<br> <u>investor.relations@arcelormittal.com</u> |
| **Contact information ArcelorMittal Corporate Communications** |  |
| <br> Paul Weigh<br> Tel:<br> E-mail: | <br>+44 20 3214 2419<br> <u>press@arcelormittal.com</u> |

---

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