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Liberia: House of Reps reject AccelorMittal $800m development agreement

Liberia: House of Reps reject AccelorMittal $800m development agreement

ArcelorMittal’s operations in Liberia focus on mining, railing and shipping iron ore. The company is the single largest private investor in the country since the end of the second civil war in Liberia in 2003.

However, the third Mineral Development Agreement (MDA) amendment, which was signed between the company and the executive in 2021, has to be ratified by both houses of the Liberian legislature before being transmitted back to the executive for the President’s signature.

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