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Wednesday, March 21, 2012

ArcelorMittal Liberia reaches 1 million tonne iron ore mark

Wednesday, 21 Mar 2012

ArcelorMittal announced the shipment of the 1 millionth tonne of DSO iron ore from its Liberia mining operations.

The vessel will sail from the Buchanan terminal to its customer in China.

Production has been operating at an annualized rate of 4 million tonne per annum since late 2011 and the company is now in commercial ramp up phase with trials cargoes being dispatched to global steel mills.

Mr Rajesh Goel CEO for ArcelorMittal Liberia said “It gives me great pleasure to announce the first one million tons ore shipment from Liberia. We are only at the beginning of our operational development in Liberia which includes significant growth plans in cooperation with the Liberian government and our local communities.”

Prior to commencing mining in Liberia, ArcelorMittal invested USD 800 USD in the rehabilitation of the railroad, port, and infrastructure around the mine in Yekepa, while building its in country capacity.

Source - Allafrica.com

1 comment:

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