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Recipient
Algoma Steel Inc.Amount
$200.0M
Program
SIF Stream2- GrowthProvince
ONType
Contribution
Agreement Number
033-2021-2022-Q2-816041
Purpose
Replacement of Algoma Steel's current blast furnace, which is near end-of-life, with an electric arc furnace (EAF). Significant GHG reductions expected as a result and the project will improve the cost structure and production flexibility of the company.
Algoma Steel Inc. × Innovation, Science and Economic Development Canada
5 grants totalling $320.0M
SIF Stream2- Growth
63 grants totalling $4.5B
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