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. ArcelorMittal’s dedication extends further through increased investment in the training of Liberians in highly technical skills, fostering a culture of expertise and self-reliance. The multiuser rail and port infrastructure, a cornerstone of the revised agreement, signifies a collaborative approach to economic growth. By encouraging investment from external players, including Guinean miners, Liberia positions itself not just as a mining hub but as a regional economic powerhouse. In essence, ArcelorMittal’s promised 3rd Mineral Development Agreement transcends traditional corporate transactions.

Source: GNN Liberia December 10, 2023 19:11 UTC