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ArcelorMittal to reduce CO2 emissions with new DRI plant and electric furnaces

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The USD1.28 billion decarbonization project is partly funded by the governments of Belgium and Flanders.

Steelmaker ArcelorMittal Belgium announced via press release on 28 September that the governments of Belgium and Flanders had agreed to support its USD1.28 billion project to build a 2.5 million-ton direct reduced iron (DRI) plant and install two new electric furnaces at its site in Ghent.

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