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ArcelorMittal and the Port of Sept-Îles sign a mutual collaboration agreement

Sept-Îles, January 23, 2025 — Pierre D. Gagnon, President and CEO of the Port of Sept-Îles (PSI), and Michael Labrie, Executive Director of ArcelorMittal Infrastructure Canada, ratified a mutual collaboration agreement on January 23 at the traditional new year reception that brought together stakeholders from both organizations.

This was the first time that the event to mark the new year was organized jointly, and it was a fitting opportunity for both leaders to announce the agreement. The event also included the ceremony for handing over the characteristic canes to the first ships of the year to enter the ports of Sept-Îles and Port-Cartier.

According to the two representatives, their respective operations routinely involve a number of similar realities and issues, which create opportunities for their employees to share information and ideas to enhance best practices, particularly in terms of operations and the environment. The agreement will also facilitate the development of channels for communication and information sharing to support various research and development initiatives“.

We are proud to have a trusted partner like the Port of Sept-Îles,” said Mapi Mobwano, Chair of the ArcelorMittal Infrastructure Canada Management Committee. “By combining our expertise, we will be able to make even faster technological advances that will position the Port-Cartier/Sept-Îles zone as a true centre of excellence.”

“More than ever, the industrial sectors of Sept-Îles and Port-Cartier are looking to work closely together to maximize economic development in the region,” added Pierre D. Gagnon, President and CEO of the Port of Sept-Îles. “This collaboration agreement is therefore the logical continuation of efforts already underway for the industrial and port zone of Port-Cartier/Sept-Îles. Today, we are formalizing the beginning of a stronger relationship that will be mutually beneficial not only for our organizations but also for our communities.”

The combined operations of the two main bulk ports in eastern Canada, PSI and ArcelorMittal, represent almost half of the volume of the St. Lawrence maritime corridor and about 15% of the value of Quebec’s annual exports.

About ArcelorMittal Infrastructure Canada and ArcelorMittal Mining Canada

Subsidiaries of ArcelorMittal, a leading steel company and one of the five biggest iron ore producers in the world, ArcelorMittal Infrastructure Canada (AMIC) and ArcelorMittal Mining Canada (AMMC) are two complementary companies operating in Quebec’s North Shore region. AMIC transports concentrate between Mont-Wright and Port-Cartier and operates a seaport in Port-Cartier to transport and deliver AMMC products on across four continents. AMMC produces concentrate and iron oxide pellets for the steel market. The two companies employ 2,800 people, making ArcelorMittal the biggest employer on the North Shore.

About the Port of Sept-Îles
Boasting diverse, state-of-the-art facilities, the Port of Sept-Îles is North America’s largest ore-handling port, with a projected volume for 2025 of more than 40 million metric tons. It is also recognized as the largest primary aluminum port terminal in the Americas in terms of operational volume. In 2024, he is the winner of the award for Best Port Specialized in Bulk Solid at the “IBJ Awards.”The facilities at the Port of Sept-Îles play a vital and strategic role in the economy of Eastern Canada. The Port is also deeply committed to sustainable development and has pioneered the first environmental observatory on the St. Lawrence to monitor the marine ecosystem as well as a research chair with Université Laval to study coastal ecosystems and port operations.

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Sources:

Frédérick J. Tétreault
Communications and Public Relations Director
Port of Sept-Îles
Phone: 418-965-3764
ftetreault@portsi.com

Annie Paré
Communications Director
ArcelorMittal Infrastructure Canada
annie.pare@arcelormittal.com