MONROVIA-Arcelor Mittal Liberia has reiterated its commitment to upholding a strong and strategic partnership with Liberia. The CEO of Arcelor Mittal Stefan Buys said this recently.
ArcelorMittal Liberia was the first company to invest in the new Liberia in 2005 and has consistently been a vital component of the country’s economy when it restarted the iron ore mining sector after rehabilitating the mine, township, rail and port infrastructure.
It continued its commitment to the people of Liberia in 2015 when all other iron mining activities ceased in West Africa with the twin crises caused by Ebola and a crash in commodity pricing.
Stefan Buys, CEO ArcelorMittal Mining said: “ArcelorMittal would like to reiterate its commitment to maintaining and strengthening its strategic partnership with the people of Liberia by creating much needed jobs, supporting community development and contributing to the economic growth of Liberia. We also look forward to the ratification of the Third Amendment of the MDA by the Liberian Legislature. ArcelorMittal plans to increase its mineral production in Liberia and expand the infrastructure that is vital to the country, the company and other partners in Liberia’s continued development”.
ArcelorMittal Liberia (AML) continues to make good progress with the study to produce and export 30 million tons per annum (mtpa) of concentrate from its Liberian operations. As part of this study, drilling and test work commenced in 2021. To date 11,150 metres of the 22,700 metres planned have been completed.
AML is also ensuring that the mine, rail, port, material handling and other facilities are being designed and constructed in a manner that enables the next expansion phase for 30 mtpa capacity.
Alphonso Toweh
Has been in the profession for over twenty years. He has worked for many international media outlets including: West Africa Magazine, Africa Week Magazine, African Observer and did occasional reporting for CNN, BBC World Service, Sunday Times, NPR, Radio Deutchewells, Radio Netherlands. He is the current correspondent for Reuters
He holds first MA with honors in International Relations and a candidate for second master in International Peace studies and Conflict Resolution from the University of Liberia.