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ArcelorMittal S A : ArcelorMittal announces results of its XCarb Innovation Fund Accelerator Programme and invests $5 million in CHAR Technologies

ArcelorMittal S A : ArcelorMittal announces results of its XCarb Innovation Fund Accelerator Programme and invests $5 million in CHAR Technologies
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World s largest steelmaker invests in Canadian cleantech startup CHAR Technologies

The ArcelorMittal Ltd. XCarb Innovation Fund will spend $6.6-million on 11 million of CHAR’s TSX Venture Exchange-listed shares for 60 cents each

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CHAR Technologies Announces C$6 6M Strategic Investment by ArcelorMittal and Annual Biocarbon Purchase Agreement

CHAR Technologies Announces C$6 6M Strategic Investment by ArcelorMittal and Annual Biocarbon Purchase Agreement
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ArcelorMittal s profit fell to $9 3 billion last year

ArcelorMittal, whose North American operations are headquartered in Schererville, made a profit of $9.3 billion last year, down from $14.96 billion the previous year.

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Another milestone for green steel production

Green steelmaker Boston Metal gets $120 million to decarbonize steel and metals production.

United statesEast chicagoSociete generaleRebecca dellAdam rauwerdinkAditya mittalXcarb innovation fundSteel instituteLeadership group for industry transitionClean air taskClimate groupFirst movers coalitionCredit agricoleWorld economic forumClimateworks foundationGlobal steel climate council