Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

ArcelorMittal Regulatory Filings 2011

Sep 23, 2011

2267_ffr_2011-09-23_f8aabfff-556e-45ee-9790-204eccadd2c4.zip

Regulatory Filings

Open in viewer

Opens in your device viewer

6-K 1 arcelormittal-6k2_0923.htm Unassociated Document Licensed to: Cleary Gottlieb Steen and Hamilton Document Created using EDGARizer 2020 5.2.3.0 Copyright 1995 - 2009 Thomson Reuters. All rights reserved.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

—————————

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

—————————

Dated September 23, 2011

Commission File Number: 333-146371

ARCELORMITTAL

(Translation of registrant’s name into English)

19 Avenue de la Liberté

L-2930 Luxembourg

Luxembourg

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F x Form 40-F o

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): _____

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): _____

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes o No x

If “Yes” marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-________

ArcelorMittal hereby incorporates by reference the following information into this report on Form 6-K.

This report on Form 6-K shall be incorporated by reference into the registrant’s registration statement on Form F-3 (File No. 333-157658) and the prospectus incorporated therein, each dated March 3, 2009.

ArcelorMittal disclosed certain information regarding mineral reserves during “Investor Day” presentations on September 23, 2011. Such information is included herein.

Methodology

The reserve calculations were made based on SEC Industry Guide 7 and Canadian National Instrument 43-101 standards. Updated life of mine plans with discounted cash flows were prepared to support demonstration of economic viability for all ore reserve estimates. The ore reserve estimates were prepared under the supervision of ArcelorMittal qualified personnel. Detailed independent audits are conducted on a regular basis. Tonnage and grade estimates are reported as ‘Run of Mine’. Tonnage is reported on a wet metric basis. ArcelorMittal owns less than 100% of certain mining operations; the estimates have not been adjusted to reflect lesser ownership interests. Certain figures presented in the tables in this annual report reflect calculations based upon the underlying information prior to rounding and, accordingly, may not conform exactly to the figures that would be derived if the relevant calculations were based upon the rounded numbers.

Iron ore reserves: 2010 year-end estimates

Region Proven reserves — Mtonnes %Fe Probable reserves — Mtonnes %Fe
Canada (excluding Baffinland) 2,250 29.2 100 28.5
Canada (Baffinland) 160 64.4 215 64.9
USA 548 20 33 19
Central America 194 27 114 31
South America 111 59 23 52
West Africa - - 22 61
TOTAL 3,263 30 507 46
____________________________

Iron ore reserves: 2010 year-end estimates – Eastern Europe and Central Asia

Region Proven & probable reserves
Mtonnes %Fe
Eastern Europe 366 37
Central Asia 120 41
TOTAL 486 38
____________________________ Notes to table : Iron Ore Reserve estimates for Eastern Europe (Bosnia and Ukraine) and Central Asia (Kazakhstan) are reported only as aggregated proven and probable reserves because, due to the methodology used in these countries (former CIS code) to estimate reserves, the degree of assurance between the two categories cannot be readily defined.

Metallurgical coal reserves: 2010 year-end estimates

Coal Proven reserves — Mtonnes %Yield Probable reserves — Mtonnes %Yield
Princeton 111 60 12 56
_________________________

Metallurgical Coal reserves: 2010 year-end estimates – Kazakhstan and Russia

Region Proven & probable reserves
Mtonnes %Fe
Kazakhstan 193 46
Kuzbass (Russia) 32 65
TOTAL 225 48
____________________________ Notes to table : Metallurgical Coal Reserve estimates for Kazakhstan and Kuzbass (Russia) are reported only as aggregated proven and probable reserves because, due to the methodology used in these countries (former CIS code) to estimate reserves, the degree of assurance between the two categories cannot be readily defined.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: September 23, 2011

By:
Name: Henk Scheffer
Title: Company Secretary