German government pledges £47m for ArcelorMittal’s green steel plant

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GERMANY’S government has come up with financial support for ArcelorMittal’s demonstration plant in Hamburg that will produce steel using hydrogen sourced from renewable energy. The country’s environment minister Svenja Schulze said the federal government will invest €55 million (£47m) – half of the total capital expenditure of the €110m (£94m) required for the new plant…

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