This new chapter also introduces Volta, the brand for all steel produced through Algoma’s EAF technology. Volta delivers the same trusted performance customers rely on, with significantly lower emissions—produced safely,
sustainably, and proudly in Canada.
Building on more than a century of steelmaking expertise, Algoma continues to invest in its people, processes, and technologies
to strengthen domestic supply chains and deliver responsible, Canadian-made steel that helps build a better tomorrow.
Cautionary Statement Regarding
Forward-Looking Statements
This news release contains “forward-looking information” under applicable Canadian securities
legislation and “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 (collectively, “forward-looking statements”), including statements regarding the timing for the
release of its financial results and the anticipated impact of Algoma’s EAF project on carbon emissions. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,”
“anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “design,” “pipeline,” “may,”
“should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. Forward-looking statements are predictions, projections and other
statements about future events that are based on current expectations and assumptions. Many factors could cause actual future events to differ materially from the forward-looking statements in this document. Readers should consider the risks and
uncertainties set forth in the section entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Information” in Algoma’s annual information form, filed by Algoma with the Ontario Securities Commission (the
“OSC”) (available under the company’s SEDAR+ profile at www.sedarplus.ca) and with the SEC (available at www.sec.gov) as part of its annual report on Form 40-F, as well as in Algoma’s
quarterly and current reports filed with the OSC and SEC. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Algoma assumes no obligation and does
not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.
For more
information, please contact:
Michael Moraca
Chief Financial Officer
Algoma Steel Group Inc.
Phone: 705.945.3300
E-mail: IR@algoma.com