ArcelorMittal Announces BRL 1.9 Billion Environmental Investment in Brazil on World Environment Day
2026-06-03 14:12
Favorite

en.Wedoany.com Reported - On World Environment Day, June 5, ArcelorMittal announced its latest progress in natural resource management, circular economy, and environmental protection. The company is expanding the use of renewable energy around the energy transition, setting a global target of achieving 100% certified renewable electricity by 2030.

In Brazil, ArcelorMittal is investing in renewable energy self-generation projects, expecting that by 2030, 85% of the company's electricity demand in Brazil will be met through self-generation. Additionally, in partnership with the Federal University of Juiz de Fora (UFJF), the company has invested BRL 2.2 million in a watershed predictability study, utilizing artificial intelligence to optimize water management in its operations in southeastern Brazil.

Another significant development is the Evoluir program, considered the largest environmental investment portfolio implemented by the ArcelorMittal Group globally. Over the past six years, the company has invested BRL 1.9 billion at the Tubarão plant in Espírito Santo to deploy advanced atmospheric emission control technologies.

In the circular economy sector, 54% of ArcelorMittal's long steel production is achieved through the electric arc furnace route, primarily using recycled scrap metal as raw material. The company recycles approximately 3 million tons of scrap annually in Brazil. Currently, about 98% of the waste generated during steel manufacturing is reused, producing over 68 commercial products sold by the company.

This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com