ArcelorMittal S.A.: ArcelorMittal becomes an Official Partner of the Paris 2024 Olympic and Paralympic Games

Rhea-AI Summary

ArcelorMittal has been announced as an Official Partner for the Paris 2024 Olympic and Paralympic Games. The company will manufacture key symbols of the Games, including the Olympic and Paralympic torches and cauldrons, as well as large rings and agitos for installation in Paris. These items will be crafted using steel with a low CO2 footprint, utilizing recycled materials and low carbon energy. This partnership aligns with the event's environmental goals, highlighting ArcelorMittal's commitment to sustainability and innovation in steelmaking.

Positive

• Official partnership with Paris 2024, enhancing brand visibility.
• Manufacturing of iconic Olympic symbols, boosting potential sales.
• Focus on sustainability with low CO2 footprint steel, aligning with global trends.

Negative

• None.

Drawing on its know-how and innovative power, ArcelorMittal will manufacture some of the key symbols of the Paris 2024 Games – the Olympic and Paralympic torches and cauldrons and the large rings and agitos which will be installed in the host city – in steel with a low CO₂ footprint

March 13, 2023 – ArcelorMittal becomes an Official Partner of the Paris 2024 Olympic and Paralympic Games.

World leader in steel, ArcelorMittal will manufacture the Olympic torches which will bring the sacred fire from Olympia to Paris after going through France for 2 months, and the Paralympic torches which will be used for the relay from Stoke Mandeville to Paris. ArcelorMittal will also manufacture the Olympic and Paralympic cauldrons which will be lit during the opening ceremonies and will shine throughout the Paris 2024 Games, along with the large rings and agitos which will be installed in the host city, in locations to be disclosed in 2024.

The steel torches and cauldrons produced by ArcelorMittal – the design of which will be revealed later this year – will have a low CO₂ footprint, for instance through the use of recycled steel or low carbon energy, thus contributing to the Paris 2024 Olympic and Paralympic Games environmental ambition. ArcelorMittal will draw on its expertise in the decarbonisation of steelmaking, using its strong track record in R&D, its technological edge, and the skills of its teams.

Lakshmi Mittal, Executive Chairman of ArcelorMittal, commented: “We are very proud to be an Official Partner of the Paris 2024 Olympic and Paralympic Games. This global event, the most famous and engaging sports event in the world, resonates with the values that drive our group and all of our 158,000 employees around the world: the desire to constantly raise the bar; inclusion and diversity; and the quest for net zero, illustrated by the Paris 2024 ambition to limit its CO₂ footprint. It is a great honour for ArcelorMittal and for me to contribute to this exceptional celebration of sport.”

Aditya Mittal, CEO of ArcelorMittal, commented: “Like millions of others around the world, I love the Olympic and Paralympic Games and everything they stand for. I am delighted that ArcelorMittal will be an Official Partner of the Paris 2024 Olympic and Paralympic Games, and that this partnership will include the manufacturing of the steel torches and cauldrons, both iconic symbols for every edition of the Games. In-line with the organising committee’s admirable intention to deliver a low-carbon Games, the steel we will produce for the manufacturing of both the torches and cauldrons will have a significantly reduced CO₂ footprint. We look forward to rising to this challenge and demonstrating to the world the low-carbon potential of steel and ArcelorMittal’s commitment to lead the decarbonisation of our industry and deliver on our purpose of ‘Smarter steels for people and planet.’”

Finally, Tony Estanguet, President of Paris 2024, commented: “Torches and cauldrons are among the great symbols of the Olympic and Paralympic Games. The torches will travel thousands of kilometres during the Torch Relay, close to the people of France, while hundreds of thousands of spectators and billions of television viewers will see the cauldrons ignite and extinguish during the Opening and Closing Ceremonies of the Games. We are delighted to be working with ArcelorMittal, a leader in steel, to manufacture these essential elements, as well as the large rings and agitos that will be installed in Paris. Thanks to its capacity for innovation, ArcelorMittal will also take up the challenge of making the Games both spectacular and more sustainable. Welcome to the adventure!”

Read more about ArcelorMittal’s decarbonisation technologies and projects

What ArcelorMittal will manufacture for the Paris 2024 Olympic and Paralympic Games

• The Olympic and Paralympic torches
• The Olympic and Paralympic cauldrons
• The mini cauldrons which will be part of the celebration in each city where the torch relay will stop for the night
• The large rings and agitos
• Steel with low CO₂ footprint

About ArcelorMittal

ArcelorMittal is one of the world's leading steel and mining company, with a presence in 60 countries and primary steelmaking facilities in 16 countries. In 2022, ArcelorMittal had revenues of $79.8 billion and crude steel production of 59 million metric tonnes, while iron ore production reached 45.3 million metric tonnes.
Our goal is to help build a better world with smarter steels. Steels made using innovative processes which use less energy, emit significantly less carbon and reduce costs. Steels that are cleaner, stronger and reusable. Steels for electric vehicles and renewable energy infrastructure that will support societies as they transform through this century. With steel at our core, our inventive people and an entrepreneurial culture at heart, we will support the world in making that change. This is what we believe it takes to be the steel company of the future.

Contacts

• ArcelorMittal: Paul Weigh, +44 203 214 2419, press@arcelormittal.com
• ArcelorMittal in France: Isabelle Chopin, +33 (0)6 15 21 59 25, isabelle.chopin@arcelormittal.com  
• Image 7: +33 (0)1 53 70 74 70, arcelormittal@image7.fr
  
  

 

FAQ

What role does ArcelorMittal play in the Paris 2024 Games?

ArcelorMittal is the Official Partner, responsible for manufacturing the Olympic and Paralympic torches, cauldrons, and large rings.

How will ArcelorMittal ensure a low carbon footprint for the Olympic torches?

ArcelorMittal will utilize recycled steel and low carbon energy in the manufacturing process.

When will the designs for the Olympic symbols be revealed?

The designs for the Olympic torches and cauldrons will be revealed later in 2023.

What environmental goals are associated with the Paris 2024 Games?

The Games aim to limit their CO2 footprint, promoting sustainability and environmental consciousness.

What is the significance of ArcelorMittal's steel production for the Games?

The steel production will showcase low-carbon innovations, aligning with the Games' sustainability aspirations.