Liberia: Govt, US Embassy Give Conflicting Account of Multi-Billion Dollar Mineral Deal

Liberia: Govt, US Embassy Give Conflicting Account of Multi-Billion Dollar Mineral Deal

GoL, US Embassy gives conflicting account of US$1.8b HPX secret deal

Liberia and Ivanhoe Atlantic Sign $1.8 Billion Deal for Railway

Liberia and Ivanhoe Atlantic Inc. have signed a $1.8 billion agreement that’ll allow the US mining company to rehabilitate and use the country’s railway infrastructure to transport iron ore from neighboring Guinea for export.

"Done deal or expression of interest? - Liberia news The New Dawn Liberia, premier resource for latest news

By Lincoln G. Peters Days following the closed-door signing of the controversial railway multi-user agreement between the Government of Liberia (GoL) and Ivanhoe Atlantic, there appears to be conflicting statements coming from the US Embassy in Monrovia and GoL regarding the secret deal. On Monday, the US Embassy here released a statement hailing the signing of the secret US$1.8 billion deal, describing it as an agreement that would boost the Li…

BOAKAI’S $1.8 BILLION IVANHOE DEAL SPARKS TRANSPARENCY CONCERNS AMID GROWING PUBLIC SCRUTINY - Smart News Liberia

By all accounts, a $1.8 billion concession and access agreement between the Government of Liberia and U.S.-owned Ivanhoe Atlantic should represent a monumental economic opportunity. The deal, which includes access to Liberia’s rail infrastructure, was announced with fanfare by the U.S. Embassy in Monrovia. Yet, the announcement has stirred more alarm than celebration among transparency advocates, including the Center for Transparency and Account…