Utility Global Raises $53 Million of Ongoing Series C Financing
Arcelor Mittal NY Registry Shares NEW (MT)
Last arcelor mittal ny registry shares new earnings: 2/6 01:00 am
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Source: Business Wire
Additional investments in round led by the OPG Pension Plan, and joined by ArcelorMittal XCarb® Innovation Fund, Ara Partners and other existing investors HOUSTON--(BUSINESS WIRE)--Utility Global, the off-gas-to-value company pioneering its proprietary eXERO™ gas production technology optimized for hard-to-abate industries, today announced that it has raised $53 million of an ongoing Series C financing led by the OPG Pension Plan and joined by multinational steel company, ArcelorMittal S.A. (NYSE: MT), via its XCarb® Innovation Fund, alongside current investors Ara Partners and Aramco Ventures. This investment is part of Utility Global’s current growth equity funding round. ArcelorMittal and Utility Global also entered into a Collaboration Agreement to develop a commercial facility at one or more of ArcelorMittal’s integrated steel plants. These key strategic investments and commercialization steps further demonstrate the unique technological approach Utility Global is pursuing to
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News
- ArcelorMittal provides update on its European decarbonization plansGlobeNewswire
- Iron Ore Market to Grow by USD 57.5 Billion (2024-2028), Driven by Rising Demand for High-Strength Iron Ore and Steel, with AI Driving Market Transformation - Technavio [Yahoo! Finance]Yahoo! Finance
- Is ArcelorMittal S.A. (MT) the Best Nickel Stock to Invest in? [Yahoo! Finance]Yahoo! Finance
- Chinese Steel Exports Are Booming But Here's Why That Won't Last [Yahoo! Finance]Yahoo! Finance
- ArcelorMittal S.A. (NYSE: MT) was upgraded by analysts at Bank of America Co. from a "neutral" rating to a "buy" rating. They now have a $32.90 price target on the stock, up previously from $30.00.MarketBeat
MT
Earnings
- 11/7/24 - Beat
MT
Sec Filings
- 11/27/24 - Form 6-K
- 11/15/24 - Form 6-K
- 11/7/24 - Form 6-K
- MT's page on the SEC website