BUCHANAN – ArcelorMittal Liberia (“AML”, “the Company”) is aware of the recent ruling by the Ministry of Labor in Liberia in relation to an ongoing dispute with a group calling itself “Aggrieved Former Contractors” (“Aggrieved Contractors”). The dispute involves claims to entitlements going back in some cases more than ten (10) years. An important part of that agreement, which was fully supported by the Government of Liberia, was that it explicitly excluded contractors, temporary and casual workers from having any legitimate claim. This is what we believe it takes to be the steel company of the future. ArcelorMittal is listed on the stock exchanges of New York (MT), Amsterdam (MT), Paris (MT), Luxembourg (MT) and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and Valencia (MTS).

Source: Front Page Africa September 27, 2021 23:15 UTC