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Ontario government to fund cleantech at ArcelorMittal Dofasco

DCN-JOC NEWS SERVICES
Ontario government to fund cleantech at ArcelorMittal Dofasco

HAMILTON—The Ontario government has announced funding for Hamilton-based ArcelorMittal Dofasco that will enable the steelmaker to replace coal-fed coke ovens and blast furnaces with hydrogen-enabled electric arc furnace technology.

The $1.8-billion project will eliminate the use of coal and coke from ArcelorMittal Dofasco’s steelmaking process, which is one of the largest sources of greenhouse gas emissions in the province, stated a Feb. 15 release.

The provincial government is contributing $500 million in loan and grant support to the project, which will reduce carbon dioxide emissions by about three million tonnes annually.

“Not only is this investment great news for the people of Hamilton, this is great news for people across the province as we take another step towards making Ontario a global innovation hub for building the car of the future,” stated Premier Doug Ford in a statement. “By investing in innovative technologies, we’re strengthening our economy and protecting good local jobs for Ontario workers.”

“Reducing ArcelorMittal’s CO2 emissions intensity worldwide by 25 per cent by 2030 is an ambitious target for a steel and mining company; but we believe it is achievable and that it is our responsibility to invent or innovate the processes and technologies that will enable us to reach that goal,” added John Brett, CEO North America for ArcelorMittal.

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