ArcelorMittal Reveals Expansion Plans for Liberia -As Pres. Weah Tours AML Yekepa Base

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In extension of his six-county tour, President George Manneh Weah on February 16, 2021 toured facilities of global steel giant ArcelorMittal in Yekepa City, where high level talks held between the President, Ministers and senior officials of the Liberian government and executives of ArcelorMittal-Liberia (AML) bore fruits of commitment from ArcelorMittal Liberia’s CEO Scott Lowe to the effect that the AML project in Liberia is now geared towards expansion, with immediate and long-term economic benefits including jobs, government revenue, and support for local communities.

According to a February 18, 2021 dispatch from ArcelorMittal Liberia, CEO Lowe spoke with the President about the strong partnership that exists between Liberia and ArcelorMittal Liberia (AML), and the Company’s commitment to the country, demonstrated by its long-term presence and plans to increase its investment.

Earlier in the day, ArcelorMittal Liberia’s CEO Scott Lowe joined H.E. President George Weah to break ground for the construction of the new G.W. Harley Government Hospital, in Sehyikimpa, Sanniquellie Mah-District. Mr Lowe said that the company would be undertaking essential repairs at the existing Sanniquellie hospital and making a contribution to relocation to the new facility.

After meeting with the CEO of ArcelorMittal Liberia, President Weah visited the company’s state-of-the-art Vocational Training Center (VTC) in Yekepa. He emphasised the importance of technical and vocational education for the youth of Liberia.

Interacting with students at the Center, President Weah congratulated them and wished them the best, emphasizing how important it is for the country to have experts in the various technical fields.

At the conclusion of the meeting, CEO Scott Lowe thanked President Weah and the Government for the visit to the concession and said it reflects the valued partnership between the company and Liberia.

ArcelorMittal is the world’s leading steel and mining company, with a presence in 60 countries and primary steelmaking facilities in 17 countries. In 2020, ArcelorMittal had revenues of $53.3 billion and crude steel production of 71.5 million metric tonnes, while iron ore production reached 58.0 million metric tonnes. Our goal is to help build a better world with smarter steels. Steels made using innovative processes which use less energy, emit significantly less carbon and reduce costs. Steels that are cleaner, stronger and reusable. Steels for electric vehicles and renewable energy infrastructure that will support societies as they transform through this century. With steel at our core, our inventive people and an entrepreneurial culture at heart, we will support the world in making that change. This is what we believe it takes to be the steel company of the future. ArcelorMittal is listed on the stock exchanges of New York (MT), Amsterdam (MT), Paris (MT), Luxembourg (MT) and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and Valencia (MTS).

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