Tag: iron ore
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🇱🇷 Liberia: ArcelorMittal Remains Liberia’s Largest Revenue Contributor Nearly Two Decades Running
New financial disclosures highlight ArcelorMittal Liberia’s position as the country’s largest and most consistent revenue contributor, with payments to the Government of Liberia now exceeding nearly half a million since the company began operations nearly two decades ago. According to data read by this paper this payment has repeatedly been made through royalties, taxes, and…
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🇱🇷 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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🇬🇳 Nimba Iron Ore Project Eyes Ivorian Ports, Raising Questions for Liberia’s Mining Future
Pan-African News Blog The Nimba Development Company (NDC) is currently in advanced discussions with port authorities in Côte d’Ivoire, specifically the ports of Abidjan and San Pedro, to serve as export gateways for its planned iron ore production from the Nimba Mountains. The company aims to export up to 3 million tonnes of iron ore…
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Mineral wars: global conflicts fueled by West’s search for rare resources – Part 1 & Part 2
The coming years are shaping up to exacerbate the global geoeconomics and military competition for the world’s mineral resources, with President Trump openly eyeing 12 million sq km of territory containing untold riches. Here are the conflicts, present and future, to watch out for👇 ➡️ Ukraine 🌏 The US “cannot afford” to let Moscow achieve…
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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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🇱🇷 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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🇲🇱 Mali’s Mining Revolution: A Nation Redefines Resource Sovereignty
The arid and gold-rich landscapes of Mali have borne witness to an extraordinary shift—a quiet yet potent revolution unfolding far from the boardrooms of international conglomerates. For decades, this West African nation has been a key player in the global mining industry, its vast reserves of gold, uranium, manganese, bauxite, lithium, and iron ore drawing…
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