ENXTAM:MTMetals and Mining
Is ArcelorMittal’s 1GW India Renewables Push Altering The Investment Case For ArcelorMittal (ENXTAM:MT)?
In December 2025, ArcelorMittal announced three new renewable energy projects in India totaling 1GW of solar and wind capacity, with US$0.9 billion of capital expenditure, which will supply power to its AMNS India joint venture and lift its global renewable capacity to 3.3GW.
This push effectively doubles the company’s renewable footprint in India to 2GW and underscores how decarbonization investments are becoming integral to its steelmaking operations.
Next, we’ll explore how this 1GW...