Liberia: Arcelormittal Liberia's Mining Operations Hit Record Highs

5 May 2025
The New Dawn (Monrovia)

-As company pushes expansion drive

ArcelorMittal Liberia (AML) is entering a defining phase in its operations, with its mining performance surging to new records and a major expansion project staying firmly on track, findings revealed.

Monrovia, Liberia, May 5, 2025--The development reflects the broader strategic momentum of its parent company, ArcelorMittal, which continues to invest heavily in growth while maintaining a strong financial position globally.

The first three months in 2025, the Liberian iron ore operations has made a standout performer within the Group's mining segment.

According to the report, the Liberia operation is processing well with production and shipments, supporting the company's ability to deliver higher and more stable profit margins even amid global market pressures.

The global steel giant sees AML's ongoing expansion project, aimed at tripling iron ore production capacity from the current 5 million tonnes to 20 million tonnes per year as a cornerstone of its investment.

The project is reportedly progressing "on time and on budget."

The company anticipates commissioning its full 15Mt concentrator capacity by mid-2025, with a target to reach the full 20Mt run-rate by the end of the year.

The expansion is not only a technical milestone it is also expected to drive substantial economic gains.

Beyond the production numbers, the earnings report reaffirmed ArcelorMittal's strategic commitment to Liberia as a key growth frontier. The company highlighted Liberia alongside major projects in the United States and India as part of its priority investments for 2025.

This decision secures the foundation for AML's long-term expansion and has been welcomed by community leaders and industry observers as a boost to investor confidence and job security.

While AML's expansion is primarily industrial, its ripple effects are deeply socioeconomic. The company continues to invest in local hiring, training programs, and infrastructure improvements in its host communities in Nimba, Bong, and Grand Bassa Counties.

With the full backing of its global parent company and the confidence of the Liberian government, ArcelorMittal Liberia's operations are not just growing, they are helping redefine Liberia's role in global iron ore markets and anchoring sustainable economic growth for the country.

Read the original article on New Dawn.

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