ArcelorMittal publishes its 2021 Payments to Governments in respect of Extractive Industries report
Rhea-AI Summary
ArcelorMittal has filed its 2021 Payments to Governments report, detailing payments made to governments related to mining operations, in compliance with Luxembourg law. The report is available for download at their corporate site. In 2021, ArcelorMittal generated revenues of $76.6 billion and produced 69.1 million metric tonnes of crude steel, along with 50.9 million metric tonnes of iron ore. The company aims to innovate its steel production processes for sustainability and efficiency while expanding its global footprint across 60 countries.
Positive
- Generated $76.6 billion in revenue in 2021.
- Produced 69.1 million metric tonnes of crude steel in 2021.
- Iron ore production reached 50.9 million metric tonnes.
Negative
- None.
News Market Reaction – MT
In the trading session that priced this news, MT declined 1.07%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
28 June 2022, 17:45 CET
ArcelorMittal (’the Company’) has today filed its 2021 Payments to Governments in respect of Extractive Industries report, which provides a consolidated overview of payments made by the Company and its subsidiaries in 2021 to governments regarding its mining operations.
The report, which complies with reporting requirements under Luxembourg law, is available for download from https://corporate.arcelormittal.com/corporate-library.
ENDS
About ArcelorMittal
ArcelorMittal is the world's leading steel and mining company, with a presence in 60 countries and primary steelmaking facilities in 16 countries. In 2021, ArcelorMittal had revenues of $76.6 billion and crude steel production of 69.1 million metric tonnes, while iron ore production reached 50.9 million metric tonnes.
Our purpose is to produce ever smarter steels that have a positive benefit for people and planet. Steels made using innovative processes which use less energy, emit significantly less carbon and reduce costs. Steels that are cleaner, stronger and reusable. Steels for electric vehicles and renewable energy infrastructure that will support societies as they transform through this century. With steel at our core, our inventive people and an entrepreneurial culture at heart, we will support the world in making that change. This is what we believe it takes to be the steel company of the future.
ArcelorMittal is listed on the stock exchanges of New York (MT), Amsterdam (MT), Paris (MT), Luxembourg (MT) and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and Valencia (MTS).
For more information about ArcelorMittal please visit: http://corporate.arcelormittal.com/
| Contact information ArcelorMittal Investor Relations | |
| General | +44 20 7543 1128 |
| Retail | +44 20 3214 2893 |
| SRI | +44 20 3214 2801 |
| Bonds/Credit | +33 171 921 026 investor.relations@arcelormittal.com |
| Contact information ArcelorMittal Corporate Communications | |
| Paul Weigh Tel: E-mail: | +44 20 3214 2419 press@arcelormittal.com |
