FUNDING: ArcelorMittal supports R&D at McGill University

MONTREAL – ArcelorMittal Mining Canada and ArcelorMittal Mining R&D have agreed to support program development and environmental research projects at McGill University's Department of Mining and Materials Engineering. [caption id="attachment_1003725084" align="alignleft" width="300"] ArcelorMittal provides 26 million tonnes of pellets to the global iron and steel industries. (Image: ArcelorMittal Mining Canada)[/caption] The world’s largest iron and steel producer has agreed to provide $360,000 over four years to create the ArcelorMittal Mining and Minerals Processing Fund. This is the first major financing made by the two ArcelorMittal divisions to a Canadian educational institution. "We strongly believe that investing in Canadian R&D will reinforce the leading position of Canada in the world mining industry," said Pierre Lapointe, president and CEO, ArcelorMittal Mining Canada. The Mining Department of the Faculty of Engineering at McGill was the first mining school launched in Canada in 1871. Learn about ArcelorMittal’s Fire Lake and Mount Wright iron ore mines at www.TransformerLAvenir.com.