RE:RE:RE:Client C = ArcelorMittalI see that developbc and his little bunch of losers ( pseudo scientific/technical pumpers) are still spreading FUD ( False Unproven Declarations) about Arcelor, like they keep doing about the others large miners to keep confusing gullible SH.
For your education, Arcelor, like Vale has made its technological decision for their new pellets plant they are starting to build in Port Cartier: They are going for bio-fuel, which later ( in about 10 years) will be converted to hydrogen. Exactly like Vale, with the difference that Vale will be using nat gaz before conversion to hydrogen.
Note that both co are on track to meet their carbon neutrality target of -30% by 2030 by reducing and/or elimination diesel fuel. Total objective of carbon neutrality will be reached with DRI and hydrogen conversion by 2050.
It should be noted that Arcelor has been developing this process during the past several years, and recently reached bio-fuel supply agreement for the next several 3 years and more.
https://www.canadianminingjournal.com/news/arcelormittal-shares-eureka-award-with-bioenergie-ae-cote-nord/
https://www.bba.ca/news/bba-helps-decarbonize-arcelormittals-port-cartier-plant
Discussions are under way with Qubec for the construction of a green hydrogen plant close to the new Arcelor flotation/pellet plant in Port Cartier.
This confirms what any chemical engineer worth its salt knows: using green electricity just to generate heat is a waste of ressource.
Do your DD. Talk with independant technical experts. Beware of BB pumpers.
GLTA