Dofasco

ArcelorMittal Dofasco publishes Environmental Product Declarations (EPDs) for XCarb™ recycled and renewably produced steel, the lowest embodied carbon sheet steel available in the North American market

Retrieved on: 
Monday, March 18, 2024

HAMILTON, ON, March 1, 2024 /CNW/ - On its journey towards carbon neutral steel, ArcelorMittal Dofasco, Canada's largest flat roll steel producer, today announced the publication of five Environmental Product Declarations (EPDs) for end use construction products using XCarb™ recycled and renewably produced (RRP) steel.

Key Points: 
  • HAMILTON, ON, March 1, 2024 /CNW/ - On its journey towards carbon neutral steel, ArcelorMittal Dofasco, Canada's largest flat roll steel producer, today announced the publication of five Environmental Product Declarations (EPDs) for end use construction products using XCarb™ recycled and renewably produced (RRP) steel.
  • "This is another example of our commitment to delivering innovative and sustainable steel products for our customers who are striving to lower GHG emissions in their products."
  • The Environmental Product Declarations (EPDs) are compliant with ISO 21930, ISO 14025 and the applicable North American PCR standards.
  • The EPD's, for cold formed sections, corrugated steel pipe, hollow structural sections, steel cladding and roofing, and steel deck are available online at XCarb™ - Recycled and renewably produced products | ArcelorMittal .

Climate TRACE Unveils Open Emissions Database of More Than 352 Million Assets, Revealing Where Greenhouse Gases Are Rising and Falling Worldwide with Unprecedented Detail

Retrieved on: 
Sunday, December 3, 2023

DUBAI, UAE, Dec. 3, 2023 /PRNewswire-PRWeb/ -- Today, Climate TRACE published an inventory of unprecedented granularity that pinpoints nearly every major source of greenhouse gas (GHG) emissions around the world and provides independently produced estimates of how much each emits. Encompassing human-caused emissions from facilities — including power plants, steel mills, ships, and oil refineries — and other emitting activities — including fertilizer application, deforestation, and wildfires — Climate TRACE's expanded database now tracks GHG emissions from more than 352 million assets, a 4,400x increase compared to the number of assets covered by the inventory last year. All Climate TRACE data are free and publicly available to help enable action and accountability at the massive scale necessary for global progress.

Key Points: 
  • Major electric vehicle manufacturers Tesla and Polestar have already begun collaborating with Climate TRACE to enhance their emissions data on steel and aluminum suppliers.
  • Derived from satellites, other forms of remote sensing, and additional public and commercial data, Climate TRACE provides emissions data that are unreported in traditional inventories.
  • In fact, the majority of corporate emissions worldwide that are included in the Climate TRACE inventory are still not included in self-reported ESG databases.
  • They can pinpoint where to take action almost immediately," said former US Vice President and Climate TRACE co-founder Al Gore.

CHAR Technologies Investor “Fireside Chat” with ArcelorMittal on July 19th: Strategic Partnership Discussion

Retrieved on: 
Tuesday, July 18, 2023

The discussion will focus on ArcelorMittal's recent investment in CHAR and their strategic partnership.

Key Points: 
  • The discussion will focus on ArcelorMittal's recent investment in CHAR and their strategic partnership.
  • On July 5th, 2023, CHAR made headlines as the first Canadian company to receive funding from ArcelorMittal’s XCarb® Innovation Fund, amounting to C$6.6M.
  • Additionally, CHAR and ArcelorMittal Dofasco announced a Memorandum of Understanding, under which ArcelorMittal Dofasco will purchase ‎biocarbon produced at CHAR’s state-of-the-art facility in Thorold, Ontario starting in 2023.
  • This exclusive discussion aims to provide investors with a comprehensive understanding of the strategic partnership and shed light on how CHAR's biocarbon will be tested and utilized to significantly reduce greenhouse gas emissions in the steelmaking process at ArcelorMittal Dofasco.

CHAR Technologies Announces C$6.6M Strategic Investment by ArcelorMittal and Annual Biocarbon Purchase Agreement

Retrieved on: 
Wednesday, July 5, 2023

CHAR also signed a Memorandum of Understanding under which ArcelorMittal Dofasco will purchase ‎biocarbon produced at CHAR’s cutting-edge facility in Thorold, Ontario starting in 2023.

Key Points: 
  • CHAR also signed a Memorandum of Understanding under which ArcelorMittal Dofasco will purchase ‎biocarbon produced at CHAR’s cutting-edge facility in Thorold, Ontario starting in 2023.
  • ArcelorMittal’s investment in CHAR marks the Fund’s seventh global investment and first ever in a Canadian company.
  • The XCarb® Innovation Fund investment will be utilized to maximize the impact of the Canadian and Ontario governments’ December 2022 investment of C$12.8M in CHAR.
  • In the future, ArcelorMittal may, from time to time, increase or decrease its investment in CHAR through market transactions, private arrangements, treasury issuances or otherwise.

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

Retrieved on: 
Wednesday, July 5, 2023

ArcelorMittal (‘the Company’) today announces that CHAR Technologies (traded under YES:TSXV; CTRNF:OTC) has been selected as the winner of its inaugural XCarb™ Accelerator Programme, securing a $5 million investment through ArcelorMittal’s XCarb™ Innovation Fund.

Key Points: 
  • ArcelorMittal (‘the Company’) today announces that CHAR Technologies (traded under YES:TSXV; CTRNF:OTC) has been selected as the winner of its inaugural XCarb™ Accelerator Programme, securing a $5 million investment through ArcelorMittal’s XCarb™ Innovation Fund.
  • ArcelorMittal’s Canadian flat steel operation, ArcelorMittal Dofasco, has been collaborating with CHAR to test the use of its biocarbon as a partial replacement for fossil coal in its steelmaking processes, with encouraging results.
  • Commenting, Irina Gorbounova, Head of the XCarb™ Innovation Fund, said:
    “We were delighted with the response to our inaugural Accelerator Programme, receiving high quality entries from many emerging technology companies.
  • Via the fund, ArcelorMittal is also an anchor partner in the Bill Gates founded Breakthrough Energy’s Catalyst programme, committing $100 million over five years.

ArcelorMittal North America Announces Supply Agreement with General Motors for North American-Sourced Sustainable XCarb® Steel

Retrieved on: 
Tuesday, June 6, 2023

Its lower CO2 intensity has been independently verified with an accompanying Life Cycle Analysis (LCA) that includes Scope 1, 2 and 3 emissions.

Key Points: 
  • Its lower CO2 intensity has been independently verified with an accompanying Life Cycle Analysis (LCA) that includes Scope 1, 2 and 3 emissions.
  • "This is a terrific first step in supplying steel with substantially lower CO2 emissions to automakers in North America," says Peter Leblanc, CMO Automotive at ArcelorMittal.
  • ArcelorMittal is committed to reducing the carbon intensity of the steel it produces by 25% globally by 2030 and to achieving carbon neutrality by 2050.
  • 1 Reduced emissions based on an ArcelorMittal Dofasco LCA compared to World Steel Association average global Life Cycle Inventory (LCI) values (57-64% emission reduction) and AISI average North American LCI values (45-50% emission reduction) for similar steel products.

Government of Canada makes significant investment in Alberta's clean hydrogen sector and outlines next steps to help Canadian industry sectors cut pollution

Retrieved on: 
Tuesday, November 8, 2022

Hydrogen is one of the key elements for our path to net zero, and that's why we're making these important investments in Canada's energy sector.

Key Points: 
  • Hydrogen is one of the key elements for our path to net zero, and that's why we're making these important investments in Canada's energy sector.
  • "Today's announcement is an historic investment in the net-zero economy of the future and in the Edmonton region.
  • "Alberta is Canada's hydrogen powerhouse, and projects like this will create jobs, diversify the economy and build additional clean energy capacity for use across Western Canada.
  • Investing in an Edmonton-based clean hydrogen facility will help with our city's post-pandemic economic recovery efforts and will allow Canada to advance clean energy in the global hydrogen market.

ArcelorMittal S.A.: ArcelorMittal breaks ground on first transformational low-carbon emissions steelmaking project

Retrieved on: 
Thursday, October 13, 2022

By investing in ArcelorMittal Dofascos project to produce clean steel, were investing in the future of this plant and this industry.

Key Points: 
  • By investing in ArcelorMittal Dofascos project to produce clean steel, were investing in the future of this plant and this industry.
  • Canadian steel companies are world-class and this project places Canadian workers at the heart of the future of the steel industry.
  • This project will enable ArcelorMittal Dofasco to produce cleaner, greener steel, while ensuring low-carbon manufacturing.
  • In addition to the transformation project in Hamilton, ArcelorMittal has also announced planned investments in decarbonisation technologies at its steelmaking facilities in Belgium , France andSpain.

Important milestone for ArcelorMittal Dofasco project that is creating good jobs in the Hamilton steel industry

Retrieved on: 
Thursday, October 13, 2022

By investing in clean technology, we are creating good jobs, strengthening our economy, cutting pollution and building a better Canada.

Key Points: 
  • By investing in clean technology, we are creating good jobs, strengthening our economy, cutting pollution and building a better Canada.
  • Canadian steel companies are world-class, and this project places Canadian workers at the heart of the future of the steel industry.
  • This project will enable ArcelorMittal Dofasco to produce cleaner, greener steel, while ensuring low-carbon manufacturing, which will make Canadian-made steel more competitive on a global scale.
  • Headquartered in Hamilton, Ontario, ArcelorMittal Dofasco is Canada's largest producer of flat-rolled steel and Hamilton's largest private sector employer.

Government of Canada Supports Emerging Clean Technologies at GLOBE Forum 2022

Retrieved on: 
Wednesday, March 30, 2022

VANCOUVER, BC, March 30, 2022 /CNW/ -The Government of Canada is making investments to enhance Canada's competitive advantage, diversify market opportunities, create good middle-class jobs and achieve our emissions reduction targets.

Key Points: 
  • VANCOUVER, BC, March 30, 2022 /CNW/ -The Government of Canada is making investments to enhance Canada's competitive advantage, diversify market opportunities, create good middle-class jobs and achieve our emissions reduction targets.
  • Today at GLOBE Forum 2022, the Honourable Jonathan Wilkinson, Minister of Natural Resources, announced a combined investment of over $12 million to seven organizations that are advancing emerging clean technologies to grow our economy and help Canada meet its environmental targets.
  • "The Government of Canada is pleased to invest in projects that position Canada's natural resource sectors as leaders on the global stage.
  • We are privileged to work with NRCan, the Natural Gas Innovation Fund and Sustainable Development Technology Canada on this project."