In the Midst of Two Major Encroachments, ArcelorMittal Remains Firm on Lasting Interest in Liberia - News Summed Up

In the Midst of Two Major Encroachments, ArcelorMittal Remains Firm on Lasting Interest in Liberia


Monrovia – Scott Lowe is unfazed about ArcelorMittal’s future in Liberia. ArcelorMittal, in a communication dated June 26, 2020, directly confronted Solway Mining Inc. informing them of the alleged encroachment on their concession area. Addressing the issue in an exclusive interview with FrontPageAfrica, Mr. Lowe said the company is continuing discussions with the government on the Solway issue. As a result, the company in December 2019, threatened to halt phase two of its investment in Liberia over the Prista Oil Holding deal. “I’d say that ArcelorMittal has had a good history in Liberia, there have been problems in the past, but those problems have been resolved.


Source: Front Page Africa September 23, 2020 05:48 UTC



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