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ArcelorMittal's expansion in Liberia triples the country's iron ore production to 30 millions tons

Posted to Maritime Reporter on February 16, 2026

AML, the main mining company, is expected to produce a total of?10 millions tons by 2025. ArcelorMittal, a Luxembourg-based company, is expanding its Liberian operation. This includes a new concentrator as well as major upgrades to the rail system and ports.

ArcelorMittal South Africa delays plant closure following $92 million injection

Posted to Maritime Reporter on March 31, 2025

ArcelorMittal South Africa has announced that it will delay the closure of the long-steel plants in its loss-making state until August 31, after receiving a $191.50-million injection from the Industrial Development Corporation. After failing to receive concessions from the government on its demands…

ArcelorMittal South Africa has entered into discussions to delay the closure of a long-running steel plant

Posted to Maritime Reporter on March 19, 2025

ArcelorMittal South Africa announced on Wednesday that it was in discussions with the government and others parties about funding to delay the planned closing of its long-stack steel operation. After discussions with the government, the steelmaker…

ArcelorMittal S. Africa reports larger loss and hopes for a reduction in interest rates

Posted to Maritime Reporter on August 1, 2024

ArcelorMittal South Africa announced on Thursday that it hopes for a reduction in interest rates during the second part of the year, after its losses increased due to weakened demand. The company lost 1.11 billion Rand ($60 million), compared…
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