Tag: Aditya Mittal

Boston Metal announces $120M Series C financing led by ArcelorMittal

Boston Metal, a company developing technology to fully decarbonize steel production, announced the $120 million first close of Series C fundraising led by multinational steel company, ArcelorMittal S.A. Microsoft’s Climate Innovation Fund and SiteGround Capital also joined as new investors in this round, alongside current investors. ArcelorMittal’s lead investment was made through its XCarb Innovation…

Lakshmi N. Mittal to become Executive Chairman; Aditya Mittal appointed Chief Executive Officer of ArcelorMittal

The Board of Directors of ArcelorMittal has announced that Aditya Mittal, currently President, CFO and CEO ArcelorMittal Europe, will become Chief Executive Officer of the company. Lakshmi N. Mittal, who founded the company in 1976 and is currently Chairman and CEO, will become Executive Chairman. In this position he will continue to lead the Board…