Steel Giant Comes Out Swinging Against Fossil Fuel

coal power plant t20 yRlW6a Steel Giant Comes Out Swinging Against Fossil Fuel
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Takeaways:

  • Steel maker AreceloMittal is exploring the green steel area by focusing on green hydrogen to replace coal.
  • The company has announced a $100 million “XCarb™ Accelerator Programme” which is aimed at significantly reducing carbon emissions.
  • “Steel can make a huge contribution to the decarbonisation of the global economy and at ArcelorMittal we are committed to leading our industry’s efforts, and to accelerate the speed of our progress” said ArcelorMittal CEO Aditya Mittal.

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