EXPORTING WEALTH, IMPORTING POVERTY: THE ARCELORMITTAL DILEMMA IN LIBERIA - Smart News Liberia
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EXPORTING WEALTH, IMPORTING POVERTY: THE ARCELORMITTAL DILEMMA IN LIBERIA - Smart News Liberia
By all appearances, ArcelorMittal Liberia should be a glowing success story, an emblem of postwar investment, economic revival, and international cooperation. The global steel giant, operating the largest mining concession in the country, exported an astonishing 6.4 million metric tons of iron ore between 2021 and 2022. This generated a staggering $477.2 million in revenue according to the 15th Report of the Liberia Extractive Industries Transpa…
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