ArcelorMittal (MT NA) and Liberia sign a new long-term mineral development agreement
Importance
Level 1
- "The expansion project, which is nearing completion, will see iron ore shipments increase from historic levels of approximately 5 million tonnes per annum (mtpa) to 20 mtpa in 2026 alongside improvements in product quality to higher grade, higher value ore."
- "The Company is also undertaking feasibility studies for further expansion of its iron ore asset beyond 20 mtpa."
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