HomeNewsArcelorMittal signs MoU with the Spanish Government supporting €1 billion investment in decarbonisation technologies

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ArcelorMittal signs MoU with the Spanish Government supporting €1 billion investment in decarbonisation technologies

7/13/2021

New DRI and EAF installations in Gijón will reduce carbon emissions at the company’s Spanish operations by approximately 50%. The DRI installation in Gijón will also enable ArcelorMittal Sestao to be the world’s first full-scale zero carbon-emissions steel plant. ArcelorMittal has today signed a memorandum of understanding (MoU) with the Spanish Government that will see a €1 billion investment in decarbonisation technologies at ArcelorMittal Asturias’ plant in Gijón. The investments will reduce CO2 emissions at ArcelorMittal’s Spanish operations by up to 4.8 million tonnes, which represents approximately 50% of emissions, within the next five years. The MoU states t

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