This article explores the intricate relationship between politics and mining, with a focus on High Power Exploration (HPX) and ArcelorMittal Liberia, the country’s private sector leader. This rail system, however, remains under the contractual purview of ArcelorMittal Liberia, which still holds approximately seven years under its Mineral Development Agreement (MDA). ArcelorMittal Liberia had argued for operational control of the rail, citing their substantial investment of over $500 million to make it functional. In response, the Minister of Justice, Frank Musa Dean, emphasized Liberia’s sovereignty, asserting the government’s right to make decisions without intimidation from ArcelorMittal Liberia. The unfolding saga involving HPX, ArcelorMittal Liberia, and the Liberian government continues to raise questions about the intersection of business interests and political maneuvering in the mining sector.

Source: GNN Liberia January 09, 2024 08:36 UTC