IPNEWS: ArcelorMittal Liberia Reaffirms Commitment to National Development as Mines Minister Urges Stronger Resource Management and Sector AccountabilityArcelorMittal Liberia has reaffirmed its commitment to Liberia’s long-term development, emphasizing that the company’s success is closely tied to the country’s broader economic progress.
The Chief Executive Officer of AML Michiel Van Der Merwe made the remarks during a high-level visit by the Minister of Mines and Energy, R. Matenokay Tingban, who toured the company’s operational facilities in Buchanan, Grand Bassa County over the weekend as part of a nationwide assessment of the mining sector.During the engagement, the AML CEO reiterated the company’s dedication to working closely with the Government of Liberia, local communities, and employees to promote sustainable development and expand opportunities for Liberians.Michiel Van Der Merwe stressed that increased investment and mineral exploration across Liberia remain critical to unlocking the country’s full economic potential.
According to him, the discovery of additional mineral resources would attract new investors, generate employment, strengthen infrastructure, and boost overall economic growth.The CEO further assured the Ministry of Mines and Energy of AML’s continued cooperation and full compliance with government regulations, adding that the company remains committed to supporting reforms and initiatives aimed at strengthening Liberia’s mining sector.AML also highlighted progress on its Phase II Expansion Project, described as one of the largest private-sector mining investments in Liberia’s history.
The project includes major upgrades to the Yekepa–Buchanan railway, expansion of mining operations in Nimba County, and the development of a modern ore handling facility and associated infrastructure at the Port of Buchanan.Once completed, the expansion is expected to significantly increase iron ore production capacity, create additional jobs for Liberians, strengthen local supply chains, and contribute substantially to national revenue generation.
The company further emphasized its growing investment in workforce development through technical training, scholarships, skills transfer programs, and professional development initiatives aimed at building a competitive Liberian workforce in the mining sector.
AML said these re designed to enhance local participation in the industry, improve livelihoods, and support the government’s broader human capital development agenda.For his part, Minister of Mine and Energy R Matenokay Tingban reiterated the government’s commitment to ensuring that Liberia’s natural resources are managed responsibly and transparently for the benefit of all citizens.
He disclosed that the Ministry of Mines and Energy is preparing to launch a nationwide geological survey to better determine the scope and value of Liberia’s mineral resources, noting that accurate scientific data is essential for effective policy-making and investment planning.The Minister also cautioned exploration companies to strictly comply with licensing conditions, warning that non-compliance could result in the loss of operating rights.
He further emphasized the need for mining companies to prioritize job creation for Liberians, stressing that effective resource governance can drive employment, increase government revenue, and improve national infrastructure.Minister Tingban commended ArcelorMittal Liberia for its contributions to transportation infrastructure, mining operations, healthcare services, and workforce development.
He encouraged the company to continue expanding opportunities for Liberian workers and strengthening community engagement in its areas of operation.Both the Government of Liberia and AML expressed optimism about the future of the mining sector, underscoring the importance of continued collaboration between public and private actors to unlock Liberia’s mineral potential and drive sustainable national development.
The Phase II Expansion Project remains a central pillar of AML’s long-term investment strategy in Liberia, with expected benefits including increased export capacity, expanded employment opportunities, stronger local business participation, enhanced technical skills development, and improved infrastructure across key mining corridors.
