ArcelorMittal S.A.

Vestas introduces ArcelorMittal’s low carbon-emissions steel offering for wind turbine - Seite 2

Dieter Dehoorne, Head of Global Procurement at Vestas, says:

“Finding ways to decarbonise the emissions produced during the raw material extraction and refinement of steel is vital for us and the industry in general. Vestas sees the partnership with ArcelorMittal and the adoption of low-emission steel as a significant lever in reducing CO₂ emissions within the wind industry. Commitment from our customers is vital to drive the transition so we are very happy that we can provide value to our customers with this solution. The Baltic Power project stands as a solid example of this progress, having secured the first order and affirming the delivery of substantial value to our customers.”

Laurent Plasman, CMO Industry, ArcelorMittal Europe – Flat Products, says:

“This partnership sends a strong message that it is possible today, to start building the renewable energy infrastructure needed in Europe, with low carbon-emissions steel made with a European supply chain. Having a strong partnership throughout the supply chain is vital to achieve this, so we would like to thank Vestas and Baltic Power for their vision in using XCarb recycled and renewably produced steel in this important offshore wind project. With stronger public policy support for the use of low carbon-emissions steel in the building of renewables infrastructure, this project could be the first of many to provide wind energy for homes and industry across Europe.”

Jarosław Broda, CEO Baltic Power, says:

"As the first offshore wind farm in the world to utilize low-emission steel, Baltic Power, a joint venture between ORLEN and Northland Power, is pioneering a sustainable future in the renewable energy sector. Being the largest investment in renewable sources in this part of Europe, our project is setting new benchmarks. The use of low-emission steel from Vestas and ArcelorMittal in our wind farm underscores our commitment to innovation and environmental stewardship. We are proud to lead the way in transforming Poland's energy landscape as we progress towards completing the construction by 2026."

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 2022, ArcelorMittal had revenues of $79.8 billion and crude steel production of 59.0 million metric tonnes, while iron ore production reached 45.3 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 XCarb recycled and renewably produced steel, visit https://europe.arcelormittal.com/repository2/Europe/XCarb_FlatProducts ...