This capital injection is set to underpin the 2026 national budget and fundamentally link Liberia’s fiscal future to one of the most ambitious iron ore expansions on the African continent. It integrates Liberia into a $3 billion industrial expansion that is already reshaping the nation’s rail corridors, port infrastructure, and mining capacity. At the heart of this growth is a $1.8 billion iron ore concentrator plant commissioned in June 2025 in Tokadeh, Nimba County. As one of Africa’s largest beneficiation facilities, the plant is designed to quadruple Liberia’s iron ore output from 5 million metric tons annually to 20 million. Community Development Funds will rise from $3 million to $8 million annually, and ArcelorMittal is now mandated to maintain critical road networks across Bong, Grand Bassa, and Nimba counties.

Source: GNN Liberia January 30, 2026 13:07 UTC