Contribution: SIF Stream2- Growth
ArcelorMittal Dofasco G.P.
$450,000,000.00
816105
FY 2021-22 · 2022-03-15
Summary
This project aims to replace AMD's current Klockner Oxygen Blown Maxhutte (KOBM) steelmaking furnace, blast furnaces (used to produce molten iron from iron ore pellets), and two coke plants, resulting in significant emissions reductions.
Program
SIF Stream2- Growth
Recipient
Location
Hamilton, Ontario, Canada
Recipient Type
For-profit organization
Business Number
794263699
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
Amendments
Each version of the agreement as published, oldest first, with its total as of that version. The amount above is the latest.
| Amendment | Date | Fiscal Year | Total |
|---|---|---|---|
| 0 | 2021-01-01 | 2020-21 | $400,000,000.00 |
| 1 | 2022-03-15 | 2021-22 | $450,000,000.00 |
| 2 | 2022-03-15 | 2021-22 | $450,000,000.00 |
As published
Additional Information
Please note these updates include changes to improve standardization of reporting across projects. The end date was previously updated from the end of the work phase of the project (30/06/2028) to the end of the contract (31/07/2050), inclusive of a 15 month extension. This update further standardizes the reporting to now reflects the entirety of the agreement duration, including the benefit phase and residual audit period.
Additional Information (French)
Veuillez noter que ces mises à jour comprennent des changements visant à améliorer la normalisation des rapports entre les projets. La date de fin a été précédemment mise à jour, passant de la fin de la phase de travail du projet (30/06/2028) à la fin du contrat (31/07/2050), avec une prolongation de 15 mois. Cette mise à jour normalise davantage les rapports, qui reflètent désormais la totalité de la durée de l’accord, y compris la phase des avantages et la période d’audit résiduelle.
Agreement End Date
2053-07-31
Agreement Number
816105
Agreement Start Date
2022-03-15
Agreement Title
816105
Agreement Title (French)
816105
Agreement Type
Contribution
Agreement Value
$450,000,000.00
Amendment Date
2025-03-07
Amendment Number
2
Description
This project aims to replace AMD's current Klockner Oxygen Blown Maxhutte (KOBM) steelmaking furnace, blast furnaces (used to produce molten iron from iron ore pellets), and two coke plants, resulting in significant emissions reductions.
Description (French)
Ce projet vise à remplacer le four de fabrication d'acier Klockner Oxygen Blown Maxhutte actuel d'AMD, les hauts fourneaux (utilisés pour produire du fer fondu à partir de pellets de minerai de fer) et deux usines de coke, ce qui entraînera des réductions significatives des émissions.
Expected Results
This investment will reduce green house gas (GHG) emissions by up to 3 million tonnes per year by 2030, increase productivity, product quality and energy efficiency at ArcelorMittal Dofasco, and support thousands of jobs during the engineering and construction phases.
Expected Results (French)
Cet investissement permettra de réduire les émissions de gaz à effet de serre (GES) jusqu'à 3 millions de tonnes par an d'ici 2030, d'augmenter la productivité, la qualité des produits et l'efficacité énergétique chez ArcelorMittal Dofasco, et de soutenir des milliers d’emplois pendant les phases d’ingénierie et de construction.
Federal Riding
Hamilton Centre
Federal Riding (French)
Hamilton-Centre
Federal Riding Number
35035
NAICS Code
331110
Organization Code
ic
Organization
Innovation, Science and Economic Development Canada | Innovation, Sciences et Développement économique Canada
Program Name
SIF Stream2- Growth
Program Name (French)
FIS Volet 2- Croissance
Program Purpose
Encourage R&D that will accelerate technology transfer and commercialization of innovative products, processes and services;-Facilitate the growth and expansion of firms in Canada;-Attract and retain large scale investments to Canada; and-Advance industrial research, development and technology demonstration through collaboration between academia, non-profit organizations and the private sector.
Program Purpose (French)
Favoriser les activités de R-D qui accéléreront le transfert de la technologie et la commercialisation de produits, de processus et de services novateurs ;-faciliter la croissance et l'expansion des entreprises au Canada ;-attirer et conserver des investissements de grande envergure au Canada ; et-faire progresser la recherche industrielle, le développement et la démonstration de technologies grâce à la collaboration entre les universitaires, les organisations à but non lucratif et le secteur privé.
Recipient Business Number
794263699
Recipient City
Hamilton
Recipient Country
CA
Recipient Legal Name
ArcelorMittal Dofasco G.P.
Recipient Operating Name
ArcelorMittal Dofasco G.P.
Recipient Postal Code
L8N3J5
Recipient Province or Territory
ON
Recipient Type
F
Reference Number
033-2021-2022-Q4-816105