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05 Apr
09:06

Spain’s government approves ArcelorMittal hybrid EAF project funding

The Spanish government approved on Tuesday €450 million ($493.38m) in support of ArcelorMittal’s decarbonisation plan in the country. The contribution is part of the national recovery and resilience plan. This follows the European Commission (EC)’s decision to give a green light to the co-funding in mid-February (see Kallanish passim). This is to support EU Hydrogen Strategy and the European Green Deal targets while helping to reduce dependence on…
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