Today, Prime Minister Justin Trudeau along with the Minister of Innovation, Science and Industry, the Honourable François Phillippe Champagne announced up to $420 million in funding for Algoma Steel s electric arc furnace (EAF) steelmaking technology.
During his address at Algoma Steel today, Mayor Christian Provenzano remarked, Today s announcement is the largest and most important public funding announcement in our community s history. No level of government has ever provided this amount of money for a project in our community. This investment will allow Algoma to modernize in a substantial and meaningful way, he continued. It will allow Algoma to transform its technological operations, thereby reducing its emissions and its impact on our environment and our community. In every way, with this investment and this project, Algoma Steel will become a stronger, healthier and more sustainable steel producer and community partner.
Canada Supports Algoma Steel s Transformation Plan for Green Steel
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В ЛНР обвинили Киев в попытке политизировать поиск без вести пропавших
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11:10 a.m.
The Prime Minister, along with the Minister of Innovation, Science and Industry François-Philippe Champagne, will tour the Algoma Steel Inc. facility.
Algoma Steel Inc.
105 West Street
Pooled coverage
Media are asked to arrive no later than 10:30 a.m., and to report to Emergency Services at No. 2 Gate.
Long sleeves, long pants, steel-toed safety boots, and a non-medical mask are mandatory. Other personal protective equipment (hard hat, safety glasses, and hearing protection) will be provided.
11:45 a.m.
The Prime Minister, along with the Minister of Innovation, Science and Industry François-Philippe Champagne, will make an announcement and hold a media availability.
Government of Canada Endorses Algoma Steel s Transformation Plan for Green Steel
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