ArcelorMittal Liberia (AML) recently celebrated two decades of operation in Liberia, marking a significant milestone in the country’s post-war recovery and economic development. The vibrant ceremony, held in the mining town of Yekepa, brought together various stakeholders, including government officials, community leaders, and AML employees, to reflect on the company’s contributions and reaffirm its commitment to Liberia’s future. AML’s journey, initiated under a Mineral Development Agreement (MDA) signed in the wake of Liberia’s civil war, has transitioned from simply extracting iron ore to actively participating in the nation’s rebuilding efforts. This evolution underscores AML’s dedication to sustainable partnerships and responsible mining practices, positioning it as a model for foreign investment in Africa.
AML’s CEO, Michiel Vandermerwe, articulated the company’s vision, emphasizing its role as a development partner committed to building a stronger and more resilient Liberia. This commitment extends beyond mere resource extraction to encompass investments in human capital, community development, and critical infrastructure. Vandermerwe highlighted AML’s evolution from a mining company to an engine of opportunity for Liberians, providing jobs, training, and driving substantial infrastructure projects vital for the country’s economic growth. He expressed gratitude to the various stakeholders, particularly AML employees, recognizing their contributions to the company’s success and the positive impact on the local communities.
The company’s early investments focused on revitalizing essential infrastructure devastated during the war. These included restoring the Yekepa-Buchanan railway, modernizing the Buchanan port, and rebuilding roads, schools, and hospitals in the surrounding communities. These initiatives not only facilitated AML’s operations but also significantly contributed to Liberia’s overall economic recovery by enabling the movement of goods, people, and fostering renewed economic activity. These revitalized assets now stand as testaments to AML’s long-term vision and its contribution to Liberia’s national development.
Beyond infrastructure development, AML has prioritized community engagement and shared growth. Vandermerwe underscored the company’s rejection of extractive capitalism, emphasizing a belief in shared prosperity with local communities. This is manifested through the Community Development Fund, which provides millions of dollars annually to support community-led projects. In 2024 alone, over US$3.5 million was disbursed through the County Social Development Fund and the Community Development Fund, empowering communities to prioritize and implement their own development initiatives, ranging from healthcare facilities and educational institutions to market infrastructure and agricultural projects. This approach ensures that community needs are directly addressed, fostering a sense of ownership and sustainable development.
Education and skills development remain central to AML’s long-term investment strategy. The company’s Vocational Training Center (VTC) in Yekepa has trained over 400 Liberian technicians, equipping them with valuable skills in mechanical, electrical, and mining trades, thereby strengthening Liberia’s mining workforce. Further demonstrating its commitment to education, AML plans to expand the VTC and build a modern technical university in Nimba County, creating a legacy of skilled professionals who can contribute to Liberia’s future growth. Partnerships with universities for internships, scholarships, and practical industrial exposure further ensure that Liberian youth are prepared for the demands of the modern industrial landscape.
Looking forward, AML’s Phase II Expansion Project represents a significant commitment to Liberia’s future. This $1.6 billion investment will encompass a new ore concentrator plant, expanded rail and port facilities, and create over 2,000 new jobs during peak construction. This investment, the largest private investment in Liberia in decades, demonstrates AML’s confidence in the country’s potential and signifies a long-term commitment to its economic growth. The concentrator plant will enable AML to process high-grade iron ore within Liberia, generating increased government revenue and adding value to the local economy, further solidifying the company’s role as a key economic partner.
AML is also committed to responsible environmental stewardship and sustainable mining practices. The company adheres to stringent environmental regulations, working closely with local and national environmental agencies. Investments in reforestation, biodiversity protection, and alternative livelihood programs for communities dependent on natural resources highlight AML’s commitment to minimizing its environmental impact and promoting sustainable development. This commitment resonates with the global emphasis on responsible mining and environmental protection, positioning AML as a leader in sustainable practices within the mining sector. The celebration concluded with cultural performances, symbolic tree planting, and the unveiling of a commemorative plaque, marking not just two decades of AML’s presence but also its enduring partnership with Liberia. AML’s legacy extends beyond physical infrastructure, encompassing renewed hope, empowerment, and sustainable development, underscoring the company’s long-term commitment to Liberia’s growth and prosperity.
