The expansion project – which encompasses processing, rail and port facilities – will be one of the largest mining projects in West Africa. Economic benefitsAs the largest foreign investor in Liberia, ArcelorMittal Liberia has invested over $1.7 billion in the country over the past 15 years. As part of the expansion, ArcelorMittal Liberia has also launched a training and development program for high potential Liberian employees who will gain on-the-job experience and knowledge in ArcelorMittal Mining operations globally. 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. This is what we believe it takes to be the steel company of the future.

Source: Daily Observer September 10, 2021 20:26 UTC