ArcelorMittal secures ?,?280mln EIB loan for decarbonization research and innovation

September 30, 2021 / www.metalbulletin.com / Article Link

ArcelorMittal has secured a ?,?280 million loan from the European Investment Bank (EIB) for research and innovation to support its decarbonization objectives, the steelmaker said.

The loan will enable the company to expand its research and development (R&D) activities significantly in the field of decarbonization as well as related capital expenditure, it said on September 27.

Investment spending will be mainly across ArcelorMittal's existing R&D facilities in...

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