- Search Results
AML Pledges To Stay In Liberia Despite Drop In Iron Ore Price
Date Uploaded: Dec 13, 2014

Arcelor Mittal Logo




AML Pledges To Stay In Liberia Despite Drop In Iron Ore Price
By Wellington G Patrick, Nimba County Correspondent

SANNIQUELLIE, December 11 (LINA) - Arcelor Mittal says it will not terminate its operations in Liberia because of the drop in the price
of Iron Ore on the world market.

The company’s head of communication, Hasta Baker Pearson, told LINA Wednesday that several companies across the world have shutdown productions due to the  reduction in the price of iron ore by nearly 50 percent.

Pearson said the company is on track with its production schedule and that it will use funds generated from its steel industries to maintain its Liberia-Yekepa operations in order to help improve the economy of Liberia.

The price of iron ore has slumped  on the world market from US $180.16 in January to US $ 74.00 in November 2014.


latest headlines
Coca-Cola Africa Recommits To WASH Promotion
Coca-Cola Bolstering Africa’s Resilience and Replenish Africa Initiative Programs say more than six million Africans are expected to be reached ...more
Children Forum Craves Justice In Bong
More than 150 children from the 13 administrative districts of Bong County under the umbrella of the Liberian Children Forum have gathered in Gba ...more
PUL To Hold Conflict Sensitive Journalism, Social Media Activists Training
The Press Union of Liberia (PUL) has announced that it will hold a two-day Conflict Sensitive Journalism and Social Media Activists Training from ...more
UN Begins Women Confab In Bong
The United Nations Entity for Gender Equality and Empowerment of Women in Liberia is currently conducting four-day Peace Hut Women Strategic Plan ...more
CU Prexy Brown Is 170th Independence Day National Orator
The Ministry of Foreign Affairs has announced that Dr. Herman Beseah Browne, President of the Cuttington University is the 170th Independence Ann ...more
Justice Youh, 3 Female Judges Attend All-Women Regional Confab In Abuja
An all-female Liberian delegation, comprising an associate justice and three judges, recently attended the International Association of Women Jud ...more
All rights reserved © 2013 - 2014
Liberia News Agency