Grants and Contributions:

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Title:

816105

Agreement Number:

816105

Agreement Value:

$450,000,000.00

Agreement Date:

Mar 15, 2022 - Jul 31, 2053

Description:

This project aims to replace AMD's current Klockner Oxygen Blown Maxhutte (KOBM) steelmaking furnace, blast furnaces (used to produce molten iron from iron ore pellets), and two coke plants, resulting in significant emissions reductions.

Organization:

Innovation, Science and Economic Development Canada

Expected Results:

This investment will reduce green house gas (GHG) emissions by up to 3 million tonnes per year by 2030, increase productivity, product quality and energy efficiency at ArcelorMittal Dofasco, and support thousands of jobs during the engineering and construction phases.

Location:

Hamilton, Ontario, CA L8N3J5

Reference Number:

033-2021-2022-Q4-816105

Agreement Type:

Contribution

Report Type:

Grants and Contributions

Recipient Business Number:

794263699

Recipient Type:

For-profit organization

Additional Information:

Please note these updates include changes to improve standardization of reporting across projects. The end date was previously updated from the end of the work phase of the project (30/06/2028) to the end of the contract (31/07/2050), inclusive of a 15 month extension. This update further standardizes the reporting to now reflects the entirety of the agreement duration, including the benefit phase and residual audit period.

Amendment Date

Mar 7, 2025

Recipient's Operating Name:

ArcelorMittal Dofasco G.P.

Recipient's Legal Name:

ArcelorMittal Dofasco G.P.

Federal Riding Name:

Hamilton Centre

Federal Riding Number:

35035

Program:

SIF Stream2- Growth

Program Purpose:

Encourage R&D that will accelerate technology transfer and commercialization of innovative products, processes and services;-Facilitate the growth and expansion of firms in Canada;-Attract and retain large scale investments to Canada; and-Advance industrial research, development and technology demonstration through collaboration between academia, non-profit organizations and the private sector.

NAICS Code:

331110

Amendments:

See Amendments