Liberia Iron Ore Project Arcelormittal

Liberia to review concession agreement signed with ArcelorMittal

Upon signing a 25-year MDA with Liberia in 2005, the steelmaker shipped its first iron ore in 2011 from the Yekepa mine. The MDA allows the company to undertake mining operations in concessions located in Yekepa, Nimba County; and …

LIBERIA/GUINEA : Nimba iron: SMFG still waiting for ArcelorMittal …

Having completed the pre-feasibility study for its Nimba iron ore project in Guinea, SMFG has now finalised nearly all aspects for the project's advancement, except for one key issue: the - 11/17/2021 ... The agreement allowed for the expansion of ArcelorMittal's iron ore mine in Liberia and the related railroad, but did not guarantee the use ...

ArcelorMittal to invest $800M for massive expansion project in Liberia

pvl/Adobe Stock The steel and mining company had initially signed a 25-year agreement with Liberia in 2005. It shipped the first iron ore from its Yekepa mine in 2011. During the newly signed ...

Simandou, Nimba and Zogota: the long and difficult road …

Liberia Robert Friedland seeks to schmooze president-elect Boakai. ... Liberia US Department of State attempts to mediate between ArcelorMittal and HPX. ... The two consortia involved in the Simandou iron ore project seem to be reluctant to pledge the $500m sought by the construction groups to restart the rail construction work that was stopped ...

Liberia Details of Liberia's secret deal with ArcelorMittal …

Liberia Boakai administration brokers iron ore deal between Solway and Arcelor. The Swiss mining and metals group is ready to pull out of Liberia by accepting a deal over its …

Liberia: The Danger of Western Cluster Trucking Iron Ore …

On June 8, 2022, Western Cluster Liberia (WCL) broke grounds to begin iron ore mining in Bomi Hill, Bomi County. The project is a 25-year Mineral Development Agreement (MDA) signed between the Government of Liberia and the company in 2011. Opinion by Roland Perry, Contributing Writer The WCL project consists of three iron ore deposits.

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2012, ArcelorMittal aims to ship four million tonnes of iron ore from Liberia each year. A first test shipment successfully took place last week. Another key element of the company's investment in Liberia was the launch, in January 2010, of the Corporate Responsibility (CR) Forum. Created in partnership with the German international

ArcelorMittal to triple iron ore production in …

ArcelorMittal signed an agreement on Friday to stay for at least 25 more years in Liberia, where it will at least triple its iron ore production and invest an additional $800 million, the company ...

ArcelorMittal formally commences iron ore production in …

ArcelorMittal, the world's largest steel and mining company, today commenced commercial iron ore production from its mining operations in Liberia. A launch event was held in Buchanan …

Liberian Gov't, Arcelormittal Sign Amendment To Mineral …

With the MDA amendment coming into effect, ArcelorMittal Liberia will significantly ramp up production of premium iron ore, generating significant new jobs and wider economic benefits for Liberia. An ArcelorMittal Liberia press release issued on Friday said the expansion project – which encompasses processing, rail and port facilities ...

ArcelorMittal | Liberia

ArcelorMittal's Liberia Phase II project is set to be a game changer for the group and the region. The project, with a capacity of 15 million tonnes of iron ore concentrate, is making steady …

ArcelorMittals iron ore mining, Liberia

Technical information of the contested project. By 2012, ArcelorMittal aimed to ship four million tonnes of iron ore from Liberia each year. ArcelorMittal plans to increase global iron ore production to 100 million tonnes by 2015. According to Arcelor Mittals Yekepa Mine Area Resettlement Plan report, for 2010-2012 the total number of ...

ArcelorMittal to invest $800m to boost iron ore …

Following the signing of a 25-year deal with Liberia in 2005, ArcelorMittal shipped its first iron ore in 2011 from the Yekepa mine. Although the firm intended to expand the mine's output to 15 million tonnes per annum …

ArcelorMittal Signs Landmark Agreement with Government of Liberia

About ArcelorMittal. ArcelorMittal is the world's leading steel and mining company, with a presence in 60 countries and primary steelmaking facilities in 17 countries. In 2020, ArcelorMittal had revenues of $53.3 billion and crude steel production of 71.5 million metric tonnes, while iron ore production reached 58.0 million metric tonnes.

ArcelorMittal to triple iron ore production in Liberia

ArcelorMittal signed an agreement on Friday to stay for at least 25 more years in Liberia, where it will at least triple its iron ore production and invest an additional $800 million, the company ...

Liberia: Examining HPX's $5 Billion Liberty Rail Corridor: …

In September 2021, the Government of Liberia and ArcelorMittal reached an agreement to amend the Mineral Development Agreement (MDA). The agreement allows the company to expand its operations in Liberia and extends its …

ArcelorMittal's Mega Iron Ore Processing Plant Fast

It is construction of the first post-war iron ore processing plant that would add value to the current grade of ore ArcelorMittal Liberia is shipping to Europe. ... Despite the project delays and ensuing rapid deterioration of iron ore prices, ArcelorMittal in 2022 assessed options and made the decision to progress with the phase two project.

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.

ArcelorMittal signs landmark agreement with Government of …

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

Major Mines & Projects | Western Range Mine

Summary: The ArcelorMittal iron ore deposit at Yekepa, also known as the Nimba No. 1 Mine and referred to above as Mount Tokadeh, is also located in Liberia, 5 km SW of the Guinea-Liberia-Core d'Voire border intersection and 5 km from the original Nimba mine in Liberia.Following the civil war and subsequent changes in control, ArcelorMittal commenced …

GUINEA/LIBERIA : Guinea and Liberia iron ore rail projects …

Liberia rail line also held up. A few hundred kilometres from Simandou, another rail project looks like it too will be modified. In September, ArcelorMittal and President George Weah's government reached an agreement to expand the steel giant's Yekepa iron ore mine in northern Liberia and increase the capacity of its rail line. The deal gives ...

BankTrack – ArcelorMittal Liberia iron ore mine

Expanding the iron ore mine to produce 15 million tonnes per year will require an estimated USD 1.4 billion in capital. ArcelorMittal is expected to finance the project off its own balance sheet. Between February 2016 to …

Nimba Western Range Iron Ore Project Liberia

1990s, linked to iron ore mining in the East Nimba Range carried out by LAMCO and then LIMINCO. Mining at Tokadeh is currently undertaken as part of ArcelorMittal's Phase 1 Direct Shipping Ore (DSO) activities and will be expanded under the proposed Phase 2 Concentrator ore extraction and processing project.

ArcelorMittal signs landmark agreement with Government of …

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ArcelorMittal to expand iron ore mining and …

Lakshmi Mittal, Executive Chairman, ArcelorMittal, said: "The expansion of mine, processing, rail and port facilities is the largest iron ore project in West Africa and will draw international attention to Liberia as an …

ArcelorMittal to restart $800m Liberia iron-ore expansion this year

Global steel major ArcelorMittal plans to restart the expansion of its iron-ore operations in Liberia this year, with first concentrate expected towards the end of 2023. The company has been ...

Liberia to review ArcelorMittal concession agreement

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 governments ...

ArcelorMittal's Historic Investment To Reshape …

MONROVIA : In a move poised to redefine Liberia's economic trajectory, ArcelorMittal Liberia (AML) revised Mineral Development Agreement (MDA) promises an unprecedented wave of prosperity for the nation. This …

(PDF) Overview of ArcelorMittal Mining Operations and Research

ArcelorMittal is among the largest world's producers of iron ore. With a geographically-diversified portfolio of iron ore and coal assets, it is strategically positioned to serve the network of ...

ArcelorMittal | Liberia

Smarter steels for people and planet.

ArcelorMittal signs landmark agreement with Government of Liberia

With the MDA amendment coming into effect, the ArcelorMittal Liberia will significantly ramp up production of premium iron ore, generating significant new jobs and wider economic benefits for Liberia. The expansion project – which encompasses processing, rail, and port facilities – will be one of the largest mining projects in West Africa.