Grants and Contributions:
Title:
514876
Agreement Number:
514876
Agreement Value:
$125,000,000.00
Agreement Date:
Mar 30, 2026 - Dec 31, 2043
Description:
This project will support AMEM’s high purity direct reduction (DR) pellet feed expansion at Port-Cartier, Québec, for low-carbon steelmaking to decarbonize the steelmaking value chain. The project’s work phase is scheduled to end on January 30, 2029.
Organization:
Innovation, Science and Economic Development Canada
Expected Results:
This investment will contribute to reinforcing Canada’s leadership in high-purity iron ore production and strengthen the minerals value chain. It will also create dozens of new jobs, maintain hundreds of existing ones, and support Canada’s objective of reducing greenhouse gas (GHG) emissions.
Location:
Longueuil, Quebec, CA J4K 5G7
Reference Number:
033-2025-2026-Q4-514876
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
836895649
Recipient Type:
For-profit organization
Recipient's Operating Name:
ArcelorMittal Mining Canada G.P.
Recipient's Legal Name:
ArcelorMittal Mining Canada G.P.
Federal Riding Name:
Longueuil--Charles-LeMoyne
Federal Riding Number:
24041
Program:
SIF Stream 2 - 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:
212000