ArcelorMittal invests $5mln in hydrogen company

ArcelorMittal has made a $5 million investment in hydrogen company H2Pro through its XCarb innovation fund, the company said on January 25.

The steelmaker said the investment was part of a $75 million Series B fundraising by H2Pro, which produces hydrogen from water.

The process is similar to electrolysis but its technology,...

Published

Carrie Bone

January 27, 2022

14:44 GMT

London