MGT 5.77% 27.5¢ magnetite mines limited.

France, ArcelorMittal agree on $2-billion investment to cut...

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    France, ArcelorMittal agree on $2-billion investment to cut French plant emissions - MINING.COM

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    France and steelmaker ArcelorMittal have agreed on a 1.8 billion-euro ($1.97 billion) investment to cut greenhouse emissions at a steel plant in Dunkirk, northern France, finance ministry officials said on Sunday.The French government’s subsidy package, which could be up to 850 million euros, has already been cleared by the European Commission and is part of President Emmanuel Macron’s strategy to cut emissions at France’s 50 most polluting sites.SIGN UP FOR THE IRON ORE DIGESTSIGN UPThe money will finance electric furnaces and a direct reduction plant, which will cut French carbon emissions from the industrial sector by 5.7%, the finance ministry said in a statement."

    I wonder if ancellor mittal requires high grade pellets.. Hmm, Simon Wandke can you please have lunch with your old mates and let us know?
 
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