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Tag: arcler Mittal

🇱🇷 Liberia: ArcelorMittal CEO pledges completion of Ganta – Yekepa Rd at Historic Iron Ore Concentrator Commissioning

TOKADEH, NIMBA COUNTY – ArcelorMittal Executive Chairman, Mr. Lakshmi N. Mittal, has announced his company’s commitment to complete the long-awaited Ganta–Yekepa road project during the official commissioning of ArcelorMittal Liberia’s state-of-the-art iron ore concentrator in Tokadeh, Nimba County. Speaking in the presence of President Joseph Nyuma Boakai and senior government officials, Mr. Mittal declared that…
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June 11, 2025
How government dithering pushed ArcelorMittal to shut down steel operations

ArcelorMittal South Africa’s year-long plea for help from the government has come to naught as the company will proceed with shutting down its steel-making operations in Newcastle and Vereeniging — a move that will have a devastating socioeconomic impact. ArcelorMittal estimates that its decision will result in 3,500 direct and indirect job losses, affecting communities…
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January 8, 2025
🇱🇷 The Money Trail in Liberia’s Iron Ore Industry: Accountability, Beneficiaries, and Oversight

Liberia, rich in natural resources, is one of Africa’s largest producers of iron ore, a vital raw material for steel production. However, questions about transparency and accountability have persisted for decades, especially concerning where the revenue from iron ore exports ends up. As large quantities of iron ore leave Liberia’s shores, many citizens are left…
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January 7, 2025