Open pit mining
Lamco JV, 1976




The Netherlands-based steel company plans to invest nearly US $ 1 billion in the rehabilitation of the Nimba mines once exploited by LAMCO JV. Mittal Steel is the world's largest steel producer. The company is privately owned by Indian billionaire Lakshmi Mittal, ranking third on the Forbes list of the world's richest people.

Lakshmi N. Mittal - President of the Board of Directors and CEO



Liberia and Foreign Investments 21st c.
Mining - Iron Ore


Senate approves $1bn iron ore deal
30 April 2007
Source: Reuters
Liberia's Senate has approved a $1bn iron ore mining contract with the world's largest steel producer, Arcelor Mittal, opening the way for the project to start, the government said yesterday. More...

Liberia finally signs deal with Mittal Steel
29 December 2006
Source: Reuters
Liberia has signed a revised mining development deal with the world's largest steelmaker Arcelor Mittal after agreeing on concessions which protect its national interest, President Ellen Johnson-Sirleaf said. More...

Better Iron Ore Deal for Liberia
12 December 2006
Source: BBC
Liberia has renegotiated the terms of a massive iron ore agreement with the world's largest steel company, Mittal. The original deal had been criticised by lobby group Global Witness, which said it allowed Mittal to opt out of human rights and environmental laws. More...

Liberia: Parliament ratifies controversial mining deal
14 September 2005
Source: Panafrican News Agency (PANA)

The interim Liberian parliament has hastily ratified a US$900 million deal with Mittal Steel to exploit the iron ore reserves in Nimba County, amidst numerous protests. More...

Interim Government rushes to sign Mittal Steel deal
19 August 2005
Source: The Analyst

The Interim Government is rushing to sign the US $ 1 billion deal with Mittal Steel before the elections. More...

Mano River Resources Inc.
On June 13, 2005,
Mano River Resources Inc. obtained a licence over Putu Range iron ore Prospect in Eastern Liberia (Grand Gedeh County). More to follow.

Four multinationals interested in Nimba Iron Ore
14 January 2005
Source: IRIN
Four multinational mining companies have submitted bids to reopen the iron ore mines in Nimba County: Rio Tinto, BHP Billiton, Mittal Steel and Global Infrastructure Holdings. More...


Also see Mining General


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