0001839882-22-022917.txt : 20221004 0001839882-22-022917.hdr.sgml : 20221004 20221004144855 ACCESSION NUMBER: 0001839882-22-022917 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20221004 FILED AS OF DATE: 20221004 DATE AS OF CHANGE: 20221004 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ArcelorMittal CENTRAL INDEX KEY: 0001243429 STANDARD INDUSTRIAL CLASSIFICATION: STEEL WORKS, BLAST FURNACES ROLLING MILLS (COKE OVENS) [3312] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-35788 FILM NUMBER: 221290930 BUSINESS ADDRESS: STREET 1: 24-26, BOULEVARD D?AVRANCHES STREET 2: L-1160 LUXEMBOURG CITY: GRAND DUCHY OF LUXEMBOURG STATE: N4 ZIP: 00000 BUSINESS PHONE: 35247922151 MAIL ADDRESS: STREET 1: 24-26, BOULEVARD D?AVRANCHES STREET 2: L-1160 LUXEMBOURG CITY: GRAND DUCHY OF LUXEMBOURG STATE: N4 ZIP: 00000 FORMER COMPANY: FORMER CONFORMED NAME: ARCELOR DATE OF NAME CHANGE: 20030618 6-K 1 mt-6k_100422.htm REPORT OF FOREIGN PRIVATE ISSUER

 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 


 

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934


 

Dated October 4, 2022

 

Commission File Number: 001-35788

 

ARCELORMITTAL

(Translation of registrant’s name into English)

 

24-26, Boulevard d’Avranches

L-1160 Luxembourg

Grand Duchy of Luxembourg

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F ☒       Form 40-F ☐

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): _____

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): _____

  

 
 

 

On October 4, 2022, ArcelorMittal published the press release attached hereto as Exhibit 99.1 and hereby incorporated by reference into this report on Form 6-K.

 

Exhibit List

 

 

Exhibit No. Description  
Exhibit 99.1 Press release, dated October 4, 2022, ArcelorMittal makes further investment in Form Energy via XCarb® Innovation fund

 

 

 
 

 

Exhibit Index

 

Exhibit No. Description  
Exhibit 99.1 Press release, dated October 4, 2022, ArcelorMittal makes further investment in Form Energy via XCarb® Innovation fund

 

 

 

 
 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  ARCELORMITTAL

 

 

Date:

4 October 2022

 

  

By: /s/ Henk Scheffer  
  Name: Henk Scheffer  
  Title: Company Secretary & Group Compliance & Data Protection Officer

 

 

 

 

 

EX-99.1 2 ex99-1.htm PRESS RELEASE

 

ArcelorMittal 6-K

Exhibit 99.1

 

 

press release

 

  

ArcelorMittal makes further investment in Form Energy via XCarb® Innovation fund

 

4 October 2022, 16:30 CET

 

ArcelorMittal today announces it has invested a further $17.5 million in Form Energy Inc. (‘Form Energy’ or ‘Form’) via its XCarb® Innovation fund. The investment, which is part of Form’s oversubscribed $450 million Series E financing round, is the second investment ArcelorMittal has made in the company, following its initial investment of $25 million announced in July 2021.

 

Form Energy was founded in 2017 and is developing, manufacturing, and commercialising a new class of cost-effective, multi-day energy storage systems that will enable a reliable and fully renewable electric grid year-round. It is currently engaged in a robust site selection process for its first full scale battery manufacturing facility. Starting with identifying over 100 initial sites across 16 states, Form has narrowed the site selection to three states and expects to make an announcement in this regard before the end of the year.

 

At the time of ArcelorMittal’s initial investment in Form, the two parties also signed a joint development agreement to explore the potential for ArcelorMittal to provide direct reduced iron (‘DRI’), tailored to specific requirements, to Form as the iron input into their battery technology. Work falling under this agreement to define the operational modifications to produce a specially modified DRI product for Form Energy’s batteries has progressed well and plans are being put in place for larger scale production trials.

 

Commenting, Irina Gorbounova, head of the XCarb® Innovation fund, ArcelorMittal, said:

 

“Form has made exciting progress in advancing the development of its technology since our initial investment last year, and we are pleased to further extend our involvement with them as they work towards establishing their first large scale manufacturing facility.

 

“Steel plants operate on a 24/7 basis so as we evolve our manufacturing processes to incorporate clean energy sources, sourcing solutions to overcome the intermittent nature of renewable energy has an important role to play in our decarbonisation journey. Companies like Form exemplify why we established the XCarb® Innovation fund; they can play an important role in helping our industry’s transition. Investing and partnering with companies through our fund not only helps them to develop their technologies faster, but it also leaves us well placed to directly benefit as the technology matures to industrial scale.”

 

Page 1 of 2

 

 

The XCarb® Innovation fund was launched in March 2021. The fund supports ArcelorMittal’s ambition to lead the decarbonisation of the global steel industry. It builds on the industry-leading suite of decarbonisation technologies ArcelorMittal is developing and deploying by investing in companies which are developing technologies which hold the potential to support and accelerate the transition to low-carbon emissions – and ultimately net zero – steelmaking.

 

Since launch the fund has made investment commitments totalling $197.5 million, investing in companies developing technologies across several domains including: carbon capture, utilisation and storage; disruptive hydrogen technologies; clean energy technologies; and long-duration, large-scale energy storage technologies. Via the fund ArcelorMittal is also a founding partner in Breakthrough Energy’s Catalyst program, a venture founded by Bill Gates which aims to combine public and private finance to ensure widespread adoption of next-generation clean technologies.

 

ENDS

 

About ArcelorMittal

 

ArcelorMittal is the world's leading steel company, with a presence in 60 countries and primary steelmaking facilities in 16 countries. In 2021, ArcelorMittal had revenues of $76.6 billion and crude steel production of 69.1 million metric tonnes, while iron ore production reached 50.9 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 ArcelorMittal please visit: http://corporate.arcelormittal.com/

 

   
Contact information ArcelorMittal Investor Relations  
   
General +44 20 7543 1128
Retail +44 20 3214 2893
SRI +44 20 3214 2801

Bonds/Credit

E-mail

+33 171 921 026

investor.relations@arcelormittal.com

   
   
Contact information ArcelorMittal Corporate Communications  

 

Paul Weigh

Tel:

E-mail:

 

 

+44 20 3214 2419

press@arcelormittal.com

 

Page 2 of 2

 

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