One of the world's leading global investors in Iron Ore is looking to invest in Liberia in a major way, through the use of the rail linking Yekepa and the Buchanan Port …

PMI recently worked with ArcelorMittal, the world's largest steel producer, to conduct IRS in Yekepa, Nimba County, Liberia. ArcelorMittal, one of the first major foreign investors in post-conflict Liberia, plans to operate iron ore mines in Nimba County, which lacks the basic infrastructure as a result of the civil war that ended in 2003.

These positive developments have allowed the company to proceed with its ongoing plans for investing in Liberia for the the realization of its overall $2.7 billion iron ore investment project while discussions are ongoing. This should come as welcome news to the People of Liberia, that a major U.S. investor is mobilizing to invest as much as ...

Yekepa, the seat of ArcelorMittal's large iron ore concession, is surrounded by mineral-rich hills and lush, dense jungle. In Yekepa's heyday, the Liberian American Swedish Chemicals Company (LAMCO) ran the high-grade ore mine from the 1950s until Charles Taylor's rebels invaded in 1989. On the town's outskirts, jungle encroaches on …

Global Atlas of Environmental Justice. Iron Ore mining on Mount Nimba, Guinea. Last update: . Near the Simandou, Zogota, Yekepa iron ore mines, the transboundary UN World Heritage Site at Mount Nimba is threatened by an open-pit iron ore mine owned by US-Canadian firm High-Power-Exploration.

The iron ore deposit is located at the base of the 1,000m-tall Mount Nimba, which is one of the highest iron ore peaks in Africa. It stretches over three plateaus with a total combined aerial extent delineated of approximately 35km² and contains easily fragmented rock, which will allow high crushing rates at low power consumption.

An expansion plan envisages the company increasing iron-ore exports to 15-million tons a year, building a concentrator at the Yekepa concession and a new ship loader at the port of Buchanan on ...

The Nimba pre-feasibility study was finalised in early November, valuing a total cost to bring the mine into production at $2.77bn, as well as a cost of $18/tonne of …

The Luxembourg-based global steel giant is battling with the head of state to renegotiate the terms of the Yekepa iron ore mine and the rail link to the port of Buchanan. Withdrawn by Parliament, the amendment to the Mining Development Agreement (MDA) led to tense discussions between Jozephus Coenen, CEO of ArcelorMittal Liberia …

The Honorable House of Representatives last week voted to investigate a complaint from Grand Bassa County Representative Thomas Goshua over alleged …

Yekepa − On a sunny Saturday morning in the ever-bustling commercial city of Ganta in Nimba County, commuters, business people, ... close to ArcelorMittal's iron ore mine in Mount Tokadeh. The agreement, signed at the Ministry of Public Works (MPW) on Jan 25 in Monrovia, signified the official start of the construction process on the road ...

Liberia is endowed with an impressive stock of mineral reserves and has traditionally relied on mining, namely iron ore, gold, and diamonds, as a major source of income. The recent growth in the mining sector has the potential to contribute significantly to employment, income generation, and infrastructure development. However, the …

The YEKEPA leaders, stakeholders and people averred that ARCELOR MITTAL LIBERIA has rather chosen to import and construct makeshift and prefabricated containers as living homes of junior and senior staffers of the concession in contrast to the provision of the Mineral Development Agreement provision that requires the renovation …

Today, the Fenix Project is comprised of a nickel mine, a newly built power plant and the ProNiCo metal processing facility. The project has mining rights to 36.2 million tons of nickel ore reserves with 1.86% nickel, as well as the rights to an additional 70.0 million tons of resources within its license area.

However, in 2019, 85% of the shares were acquired by the US-Canadian firm High Power Exploration and the remaining 15% are owned by the Guinean government The reserves of Mount Nimba are estimated around 1 billion tons of 61% grading iron ore. The mine is expected to have a lifespan of 25 years and to produce 1.5 million tonnes of high …

The Yekepa concentrator when completed stands to produce iron ore pellets enabling ArcelorMittal to increase its production capacity with favorable market price depending on the global iron ore price.

To be competitive in the global ore mining industry, Liberia must focus on quality production, not quantity, of iron ore exports. Currently, Liberian iron ore output is overshadowed by major producers in China, Australia, and Brazil. With more than USD 1bn of additional investment, the ArcelorMittal Liberia Phase Two expansion project will …

Arcelor operates an iron-ore mine at Yekepa in northern Liberia. An expansion plan envisages the company increasing iron-ore exports to 15 million tons a year, building a concentrator...

The steel and mining company first signed a 25-year deal with Liberia in 2005 and shipped the first iron-ore from its Yekepa mine in 2011. It had been aiming to expand output to 15-million tonnes ...

MISSION ACCOMPLISHED - DAKO Worldwide Transport successfully delivered 10 x # engines from Port of Buchanan to the Tokadeh Iron Ore Mine located in Yekepa, #Liberia.These engines ...

An Ore Processing Plant and a Pellet Plant were constructed for $50M in order to improve the quality of the ore. 1973: Mining started at Mount Tokadeh at a limited production rate (3Mton crude ore). 1975: Exploration work at Gangra, Yuelliton and Beeton indicates considerable iron ore reserves. 1976

Report summary. Nimba (Yekepa) Phase 2 is the expansion of ArcelorMittal's Liberia's DSO operation. The company has been producing 5 Mtpa of …

We must understand that ArcelorMittal Liberia is not just building an iron ore washing plant. In Nimba, what is under construct is a modern nigh technology facility that will be producing a high-grade concentrate, which requires approximately 25 million tons annually of raw ore to produce 15 million tons of concentrated product.

According to a mining economist, the GoL is giving ArcelorMittal the exclusive right to operate the Yekepa-Buchanan railroad through a wholly-owned subsidiary – …

Nimba is a high grade, direct shipping ore (DSO) deposit. Owned by High Power Exploration (HPX), development of the Nimba project will be dependent on securing a viable transport infrastructure solution. While the preferred solution is access to the existing Liberian rail, it depends on ArcelorMittal's agreement. ... Zogota iron ore mine. …

Feb 2014 - Oct 2014 9 months. Yekepa, LIBERIA - Project was suspended due to the outbreak of Ebola. PHASE 2 of LIBERA WESTERN RANGE IRON ORE PROJECT. Total Cost $2bln. The project included A port, Iron ore processing plant (Civil works, SMPP and E&I), concentrator, Heavy civil works (Roads, Bridges, rail), 80 megawatt power station.

Yekepa – N'Zerekore . 2. Kamakwie ... Country was supported primarily by mining of iron ore and diamonds as well as timber industries. The West African Power Pool (WAPP) therefore will help the Liberian economy by providing needed ... Coffee hydro power plant (Liberia), and the hydro power resources in Guinea in addition to utilization ...

Stronger Chinese domestic iron ore production is also expected as high prices keep more high-cost supply in play, with 252 Mt of 62% Fe content equivalent output forecast for 2021. Indian iron ore exports to China — most of which are low-grade, below 58% Fe content — over recent years have helped fill shortages in the seaborne market.

Liberia plans to launch a review on its iron ore concession agreement with steel and mining company ArcelorMittal, reported Reuters, citing Parliament speaker Bhofal Chambers. The review will also include other concessions signed by the country's current and previous governments. The move may risk disrupting ArcelorMittal's plans to triple ...

The steel and mining company first signed a 25-year deal with Liberia in 2005 and shipped the first iron ore from its Yekepa mine in 2011. It had been aiming to expand output to 15 million tonnes ...