HAMILTON, ONT. — Steelmaker ArcelorMittal Dofasco recently hosted a groundbreaking ceremony for a decarbonization project at its Hamilton site.
Prime Minister Justin Trudeau and federal Minister of Innovation, Science and Industry François-Philippe Champagne were on hand for the event. The federal government is allocating $400 million to the project through its Strategic Innovation Fund and the project is expected to support 2,500 construction jobs, stated a release.
Through the project ArcelorMittal Dofasco will become North America’s first steel producer to transition to a hydrogen-ready, direct reduced iron–fed electric arc furnace at such as large scale. The low-carbon steel will serve the automotive, construction, manufacturing and consumer-packaging industries.
“By investing in Dofasco’s project to move its production to clean steel, we’re investing in the future of this plant and this industry,” stated Trudeau.