ArcelorMittal makes first investment through its XCarb innovation fund

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ArcelorMittal have announced the completion of its first XCarb innovation fund investment since launching the initiative in March 2021. The company has invested an initial $10 million in Heliogen, a renewable energy technology company which focuses on ‘unlocking the power of sunlight to replace fossil fuels’. Heliogen’s technology will harness solar energy by using a…

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