The project involves mining and shipping high-grade iron ore, with a concentrate plant to be set up at the Bomi mine to produce over 65% Fe iron ore concentrate. The project also aims to contribute to the socio-economic development of Liberia, creating jobs, improving infrastructure, and supporting local communities.

Other articles where Liberian Mining Company is discussed: Tubmanburg: …was long associated with the Liberian Mining Company (LMC; a subsidiary of Republic Steel Corporation), which closed down mining operations in the late 1970s. The firm, the first in Liberia to export iron ore, completed a 43-mile (69-km) narrow-gauge railway to the port …

US Company High Power Exploration Inc ("HPX") announced on Wednesday December 6, 2023, that the Company had signed non-binding term sheets for the twofold acquisition of iron ore licenses in Liberia adjacent to the existing Yekepa-Buchanan rail line, and the acquisition of Alliance Terminal Logistics ("ATL") which has agreements in …

Monrovia – A FrontPageAfrica investigation has found that Solway Mining Incorporated, the controversial company, aggressively encroaching on the steel giant, ArcelorMittal's iron ore concessions in Liberia, has been linked to Estonian multimillionaire businessman, Aleksandr Bronstein, who has strong ties to the inner circle of Russian …

How will WCL transport the ore for shipment? According to Senator Snow, WCL intends to ship two million tons of iron ore in the first year. He urged citizens of …

WCL had signed a Mineral Development Agreement with the Government of Liberia ('GoL') for three Iron Ore Mining concessions in Liberia namely Bomi, Bea, and Mano in 2011. However, the operations could not be started due to outbreak of Ebola epidemic. WCL is set to restart its operation with further expansion potential through …

Monrovia – Russian steel giant, Putu Mining, has pulled out of Liberia, Liberia's Minister ... The Government of Liberia entered into a mining agreement in 2006 with Arcelor Mittal to mine iron ore in Nimba. ... while 142 jobs were also sliced in 2016 leaving many frustrated about the prospects of the world's leading iron producer ...

The Environmental Protection Agency (EPA) has imposed fines on seven companies operating in three of Liberia's fifteen Counties for 'violating' the environmental laws of Liberia.Speaking at the Ministry of Information regular press briefing at the Charles Gbenyon Conference Hall on Thursday, the Executive Director of the EPA, Dr. …

US Company High Power Exploration Inc said Wednesday the Company had signed non-binding term sheets for the twofold acquisition of iron ore licenses in Liberia adjacent to the existing Yekepa-Buchanan rail line, and the acquisition of Alliance Terminal Logistics, which has agreements in place to develop multi-user port facilities at Freeport …

Along with other students and workers from his home in Bong Mines about an hour's drive north of Monrovia, he'd been staging protests at the gates of a Chinese mining company.

MONROVIA – ArcelorMittal Liberia, the world's leading steel and mining company, says it is not threatened by Thursday's announcement by High Power Exploration(HPX) and the Sumitomo Mitsui Financial Group (SMFG) regarding positive results of its pre- feasibility study for the Nimba Iron Ore Project. HPX is a privately …

ArcelorMittal Liberia's operation center around three key components including mining, railing and shipping iron ore. Iron ore is excavated from Mount Gangra and processed at a nearby plant in the Tokadeh mines in Nimba County. The ore is then transported by rail on the 243 kilometer railway to the Port of Buchanan, where the ore …

The bulk carrier fully loaded with 46,000 tonnes of iron ore products from Bomi mine is expected to arrive at Chinese ports next February, the post said. The Bomi project, as the first successfully developed iron ore project controlled by Baowu Resources with sales through maritime transportation, has a positive.

The Chinese group Baowu and Winning Consortium Simandou has just signed a cooperation agreement, so that when the Simandou iron ore mine comes on …

MONROVIA (Reuters) - ArcelorMittal signed an agreement on Friday to stay for at least 25 more years in Liberia, where it will at least triple its iron ore production and invest an additional $800 ...

Solway Mining plans to start production by 2028, subject to the availability of rail access for transportation of the iron ore that it mines. On the fringes of his presidential inauguration of 22 January, Boakai reiterated to his counterparts and the diplomats present his determination to clean up the administration. ... In Monrovia, former US ...

AML's Phase Two Expansion is making further investments in the port of Buchanan, mainly through a new fixed ship loader that will have a loading capacity of 6-8,000 tons of iron ore per hour, and the construction of a concentrator at the mine site in Yekepa, which will produce iron ore pellets, enabling ArcelorMittal to increase its ...

Ivanhoe Liberia Limited (formerly called Euronimba Liberia Limited and set up in May 2012) was created to study, rehabilitate, expand or build from the ground up the rail and port …

MONROVIA — FrontPageAfrica has gathered from confidential documents and sources that the Liberian government has been opting through an agreement to allow Pioneer Group LLC (PGL), a company based in Dubai, United Arab Emirates, to take over Putu Iron Ore Mines in Southeastern Liberia. By Selma Lomax, …

IRON-ORE MINING IN LIBERIA After the second world war, dwindling reserves of iron ore caused steel producers in Europe and America to seek new sources of foreign ores. Many ... through the forests to Monrovia on the 47-mile railway, built by the company and the first in the country. In 1964 the mine employs 2500 workers and

HPX to acquire highly prospective i ron ore licenses in Liberia and multi user port facilities at Monrovia St John River licences previously owned by BHP and cover combined area of almost 250 km 2 adjacent to the existing Yekapa-Buchanan Rail Corridor Historical mapping work by USGS demonstrate significant showings of Banded Iron …

The new project being considered by the company will triple the amount of iron ore Liberia exports, boosting government revenue, Weah said. Liberia's economy is still struggling to recover from ...

Ivanhoe Liberia Limited (Ivanhoe Liberia), formerly Euronimba Liberia Limited, was created to study, rehabilitate, expand or build from the ground up the rail and port facilities to …

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 …

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Investments in mining have been the mainstay of the Liberian economy, with iron ore leading the way. Revenues from iron ore accounted for nearly half of the country's earnings prior to 1990. In 2006, ArcelorMittal became Liberia's first major postwar investor in iron ore, investing $1.7 billion dollars to date.

Liberia is planning to approve a "Class A" mining license to Chinese company Bao Chico Resources Liberia Ltd to extract iron ore for 25 years. This follows a communication from the presidency to Parliament on Wednesday, requesting for timely ratification of the Mineral Development Agreement.

China's Baowu Group-backed Bao Chico Resources Liberia Company completed its first shipment of iron ore from the Bong mine area this week. A bulk carrier …

The hinterland of Monrovia has proved to be a particularly rich one for iron ore; Bomi Hills has reserves of 200 million tons of crude magnetite ore which can be reduced to yield …

MONROVIA, Sept 10 (Reuters) - ArcelorMittal MT.LU s igned an agreement on Friday to stay for at least 25 more years in Liberia, where it will at least triple its iron ore production and invest an ...