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ArcelorMittal


Company Background

Company ArcelorMittal
Agreement Signed in September 2021 to remain in Liberia for at least 25 more years
Production Tripling iron ore production
Investment USD $800 million additional investment

Project Specifications

Expansion Includes processing, rail, and port facilities
Scale One of the largest mining projects in West Africa
Infrastructure Construction of a new concentration plant and expansion of mining operations
Production Timeline First concentrate expected in late 2023, ramping up to 15 million tonnes per annum

Investment Impact, Sustainability and Long-Term Commitment

These highlights summarize the measurable impact and sustainability practices resulting from major private sector investments in Liberia.

Key Metrics & Impact

  • USD $1.3B+ total investment
  • Largest private employer in Liberia
  • Thousands of jobs created
  • Dozens of communities engaged

Sustainability & ESG

  • Responsible land use
  • Community consent through MOUs
  • Healthcare, housing and education investment
  • Local supplier development

Timeline & Milestones

  • 2004–2010: Expansion phase
  • 2010: Community engagement framework
  • 2017: Major reinvestment milestone
  • Present: Continued operations

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