ArcelorMittal Mining Canada G.P.

$125,000,000.00 CAD

≈ $3.02 for every person in Canada ≈ 1,615 Canadians' average pay for a year

Department: Innovation, Science and Economic Development Canada
Program: SIF Stream 2 - Growth
Recipient country: Canada
Fiscal year: 2025-2026
Agreement period: March 30, 2026 – December 31, 2043
Reference: ic:033-2025-2026-Q4-514876

Published purpose

This project will support AMEM’s high purity direct reduction (DR) pellet feed expansion at Port-Cartier, Québec, for low-carbon steelmaking to decarbonize the steelmaking value chain. The project’s work phase is scheduled to end on January 30, 2029.

In plain English AI-generated

This federal contribution supports ArcelorMittal's expansion of high-purity direct reduction pellet feed in Port-Cartier, Quebec, aimed at decarbonizing the steelmaking value chain through low-carbon steel production.

Category: Climate Primarily funds activity in Canada

Based on the published description. See how AI categorization works — the linked official record is authoritative.

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View official source record Imported July 30, 2026 from open.canada.ca Grants & Contributions