ArcelorMittal to invest $800m in iron ore expansion project in Liberia

ArcelorMittal to expand its mining and logistics operations in Liberia. (Credit: ArcelorMittal) ArcelorMittal has announced plans to invest nearly $800m in a brownfield expansion project in Liberia to significantly ramp up production of iron ore to 15 million tonnes per annum (mtpa). In this connection, the Luxembourg-based steel …

ArcelorMittal's Historic Investment To Reshape Liberia's …

ArcelorMittal's decision to operate the rail at cost, with zero profit for all users, opens the door for partnerships with other entities, amplifying the project's impact. By encouraging investment from external players, including Guinean miners, Liberia positions itself not just as a mining hub but as a regional economic powerhouse.

ArcelorMittal | Liberia

"Significant progress has been made in negotiations with ArcelorMittal Liberia." ... Ensuring the benefits of a revived mining industry are shared by liberian its citizens. 2005. 25 years mining Development Agreement (MDA) signed with government. 2007. MDA 1st …

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ArcelorMittal to expand iron ore mining and logistics …

With the MDA amendment coming into effect, ArcelorMittal Liberia will significantly ramp up production of premium iron ore, generating significant new jobs and …

Catalysing collaboration in Liberia and West Africa | ArcelorMittal

Simon Wandke, CEO of ArcelorMittal Mining, got behind the idea because it's what Liberia needs. Scott Lowe, CEO of ArcelorMittal Liberia, was up for it too, so we started by creating a private sector group in Liberia, with Scott taking on the role of chair. Concurrently, we also started a weekly West Africa-wide conversation, chaired by Alan ...

Liberia Details of Liberia's secret deal with ArcelorMittal …

The US-Canadian mining magnate is to meet with Liberia's new president. The main topic of discussion will be access to the railway linking the Nimba mining area …

Explore Buchanan

Welcome to Buchanan, the charming coastal city of Liberia that boasts a unique blend of history, culture, and natural beauty. This comprehensive travel guide will take you on a journey through the best places to visit, the ideal time to experience Buchanan's beauty, exciting activities to enjoy, transportation options, dining …

McArthur Bloe

ArcelorMittal Mining-Liberia. Jun 2011 - Present 12 years 11 months. Responsible to provide power at all AML sites,carry on installations and maintenance of all generators at all AML site,supervise all plants operations;carry on training of men assigned in all AML plants and repair all electrical machines to avid breakdown.also responsible for ...

ArcelorMittal signs landmark agreement with Government of Liberia

Global Mining Review, Thursday, 16 September 2021 10:30. Advertisement. The Government of the Republic of Liberia and ArcelorMittal have signed an amendment to the Mineral Development Agreement (MDA) which paves the way for the expansion of the company's mining and logistics operations in Liberia. With the MDA …

Buchanan Port Authorities Excited By ArcelorMittal's …

By Hot Pepper Last updated Sep 27, 2022. In recent times, authorities at the Port of Buchanan have been beaming with excitement over the planned acti vities that seek to improve revenue generation at the Port of Buchanan. These activities have root in ArcelorMittal Liberia (AML) Phase Two Expansion project, aimed at boosting …

Liberia : US banks on Boakai to let miners use railway …

President George Weah failed to break ArcelorMittal's monopoly on the rail line linking Liberia's mining region to the port of Buchanan. A US consultancy is now hoping to carry out a study on the - 12/19/2023 ... George Weah did not in the end break the monopoly of ArcelorMittal Liberia (AML), the administrator and sole user of the railway.

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ArcelorMittal to invest $800m to boost iron ore production in Liberia

This was due to the declaration of force majeure on the project as a result of the Ebola outbreak in West Africa. With the latest agreement, ArcelorMittal will invest an additional $800m to boost iron ore production in the country from 5mtpa to 15mtpa within the next three years. Expected to be one of the largest mining projects in West Africa ...

ArcelorMittal statement on operations in Liberia

ArcelorMittal is currently mining and shipping 5 million tonnes of iron ore a year in Liberia from its operations in Yekepa and Buchanan (described as phase 1). The company is also working on an expansion project (described as phase 2) that will see shipments rise to 15 million tonnes of iron ore with first production planned by the end of 2015.

Liberia: Yekepa to Buchanan Railway Under Threat from …

According to ArcelorMittal, Phase 2 of its project in Liberia would see Liberia receiving the biggest investment in the mining sector in West Africa. The ongoing work on the railway involves replacing old wooden ties with new steel sleepers, and it has already begun in Grand Bassa County, with approximately 40 kilometers of railway …

ArcelorMittal Liberia | LinkedIn

ArcelorMittal Liberia | 6,352 followers on LinkedIn. Smarter steels for people and planet | ArcelorMittal Liberia is part of the ArcelorMittal group, the world's leading steel and mining company ...

mittal mining at bucanan in liberia

Rail port key to ArcelorMittal Liberia's US$500 million ArcelorMittals iron ore mining Liberia EJAtlas. Sep 10 32 ArcelorMittal's elaborate plan to expand its iron ore production in Liberia from the current 5 tons to 15 tons per year will require and investment of US$500 million on top of the US$17 billion the company has already invested in the mineIt was …

Liberia: Government Puts ArcelorMittal in Check over

Putting Mittal in Check. Despite the expressed disenchantment and the threat to withhold investment, the Government of Liberia in a letter dated December 16, 2019 informed the steel giant company of its limitations within the Mineral Development Agreement (MDA). Contrary to ArcelorMittal's claim over the Port of Buchanan, the …

Mining | ArcelorMittal

ArcelorMittal Mines Liberia We're active in the whole value chain, from exploration and development to mining, concentration, pelletising, rail transport and port operations. With operations that span North America and Africa our mining operations optimise our portfolio so we can deliver results at any point in the economic cycle, and to ...

LERIA: ArcelorMittal Demonstrate Safe, Sustainable Mine for …

AML's mine in Yekapa, Nimba County . The Liberian American-Swedish Mining Company (LAMCO) corporation for decades mined iron ore in Nimba Mountain Range during the second half of the twentieth century.. Founded in 1955 by American and Swedish investors, the company established the first large-scale mining operation in …

ArcelorMittal's Expansion Deal: Charting the Path for Liberia…

In the midst of real-time economic challenges, many have started making mention of the ArcelorMittal Liberia's (AML) proposed ambitious expansion plan, aiming to extend its operations for an additional 25 years and invest about a 1.2 billion in the Liberian economy. This proposal, however, encountered obstacles on its path to realization ...

Liberia to review ArcelorMittal concession …

Liberia will review its iron ore concession agreement with steel and mining company ArcelorMittal as well as other concessions signed by the West African country's current and previous...

Biodiversity | ArcelorMittal

In Liberia, we operate a Biodiversity Conservation Program to address the damage caused by agriculture and mining. ArcelorMittal's Liberian mines are set in Nimba County, surrounded by both mountain and lowland rainforest. Our mining area consists of approximately 51,000 hectares, representing less than 1% of the total forest.

Supporting livelihoods in Liberia | ArcelorMittal

Supporting livelihoods in Liberia. Mining activities inevitably impact on land. For some mines, they also affect the people living and working on the land – and Liberia is one such place. ArcelorMittal is committed to providing new opportunities for individuals and families impacted by our mining activities.

ArcelorMittal signs landmark agreement with Government of …

The Government of the Republic of Liberia and ArcelorMittal ('the Company'), the world's leading steel company, today signed an amendment to the Mineral Development …

Buchanan, Liberia

Retrieved October 28, 2008. Buchanan (Bassa: Gbezohn ), also previously known as Grand Bassa on some maps, is the third largest city in Liberia, lying on Waterhouse Bay, part of the Atlantic Ocean. As of the 2008 census, Buchanan had a population of 34,270. Of this, 16,984 were male and 17,286 .

ArcelorMittal Mining-Liberia | Buchanan

ArcelorMittal Mining-Liberia, Buchanan, Liberia. 45 likes. Local business

ArcelorMittal's Phase II Expansion A partnership rooted in …

MONROVIA: As normal live continues in towns and villages around iron ore rich mountains, the Phase II Expansion Project of ArcelorMittal Liberia (AML) seen as a …

ArcelorMittal's Phase 2 Expansion Already Touching Bassa, …

By The Analyst News On Mar 29, 2023 174. MONROVIA – ArcelorMittal's mining project in Liberia is the first Greenfield mining operation undertaken by the company since its …

Liberia: Solway Takes Gov't to Court for 'Selling' Its Mining …

However, it appears that while negotiations were ongoing between the Government of Liberia and SIG, the same license area was also promised to ArcelorMittal, a major foreign investor in Liberia. In mid-2023, an agreement was reached between the Ministry of Mines and Energy and ArcelorMittal that terminated SIG's mining rights and …