AM InvestCo, the consortium led by ArcelorMittal, has signed a non-binding agreement with the government-appointed commissioners of Italian plant Ilva, ArcelorMittal said on Friday December 20.
The agreement "forms a basis to continue negotiations on a new industrial plan for Ilva, including discussions on a substantial equity investment by a government-controlled entity", the company said.The new industrial plan will contemplate investments in green technology,...