ArcelorMittal, established in 2006 through the merger of Arcelor and Mittal Steel, is the world's leading steel and mining company, headquartered in Luxembourg City, Luxembourg. The company operates in 60 countries, producing a wide range of steel products for industries including automotive, construction, household appliances, and packaging. ArcelorMittal is committed to developing smarter steels that are more efficient and sustainable, focusing on innovation, quality, and environmental responsibility.
XCarb Innovation Fund will fund startups with scalable decarbonization technologies, focusing on steel manufacturing, CCUS, energy storage, and waste-to-value solutions.
ArcelorMittal and ArcelorMittal Nippon Steel India materials and engineering resources are being deployed to construct Asia’s first Hyperloop testing facility at IIT Madras, Chennai, India.