- ArcelorMittal (MT, Financial) releases its 2024 Payments report for governments related to extractive activities.
- The report complies with Luxembourg law and details payments to governments from mining operations.
- The document is available for download on ArcelorMittal's corporate website.
ArcelorMittal (MT), one of the world's leading steel and mining companies, has published its 2024 Payments to governments in respect of extractive activities report. This comprehensive report offers a detailed overview of the payments made by ArcelorMittal and its subsidiaries to various governments concerning their mining operations throughout 2024. The publication aligns with the regulatory requirements under Luxembourg law, ensuring transparency and compliance with local legislation.
The report is now accessible to the public and can be downloaded from the corporate library section of ArcelorMittal's official website. This disclosure underscores the company's commitment to openness and accountability in its financial and industrial operations. ArcelorMittal continues to be a significant player in the global steel industry, boasting a vast presence across 60 countries and a substantial footprint in primary steelmaking and mining activities. In 2024, ArcelorMittal reported revenues of $62.4 billion, producing 57.9 million metric tonnes of crude steel and 42.4 million tonnes of iron ore.