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Liberia: Govt Process to Reclaim Putu Mountain From Russian Investors

Summary by allAfrica
The government of Liberia, through the Executive Branch, has announced that the Liberian government has initiated process of terminating the Mineral development Agreement (MDA) signed between the government of Liberia and Severstal, a Russian-affiliated company, to reclaim ownership of the Putu mountain in Grand Gedeh, which is valued at about US$12 billion.

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Liberia: Govt Process to Reclaim Putu Mountain From Russian Investors

The government of Liberia, through the Executive Branch, has announced that the Liberian government has initiated process of terminating the Mineral development Agreement (MDA) signed between the government of Liberia and Severstal, a Russian-affiliated company, to reclaim ownership of the Putu mountain in Grand Gedeh, which is valued at about US$12 billion.

·South Africa
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allAfrica broke the news in South Africa on Wednesday, February 19, 2025.
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