By H. Matthew Turry
ArcelorMittal Liberia (AML) is making substantial progress in infrastructure development, job creation, human capital advancement, and community investment, according to a company update delivered during the Ministry of Information, Cultural Affairs and Tourism (MICAT) weekly press briefing.
Speaking at the briefing, ArcelorMittal Liberia’s Acting CEO and Chief Operating Officer, Mr. Anthony P. Kocken, provided an overview of the company’s ongoing Phase II expansion, emphasizing its strategic impact on Liberia’s mining sector and broader economic growth.
Major Milestone: Iron Ore Concentrator Commissioned
Mr. Kocken announced the completion of a state-of-the-art iron ore concentrator – a cornerstone of AML’s $1.8 billion Phase II expansion project. With this, the company’s total investment in Liberia now stands at $3.5 billion.
“This is a landmark and historic achievement, not just for ArcelorMittal, but for the future of Liberia’s economy and mining sector,” Kocken said. “It represents the culmination of one of the largest industrial projects ever undertaken in Liberia.”
The concentrator increases AML’s processing capacity from 5 million metric tonnes per year to 20 million metric tonnes, enabling the transformation of medium-grade ore into high-grade iron on Liberian soil. This move aligns with the government’s push for value addition and industrialization.
“This is a bold step in transforming raw extraction into industrial beneficiation,” Kocken added. “It solidifies Liberia’s standing as a regional mining leader.”
Integrated Infrastructure and Environmental Advancements
Kocken emphasized that the concentrator is equipped with cutting-edge crushing and grinding circuits, magnetic separation systems, and advanced environmental controls. The facility is fully integrated with AML’s 243-kilometer upgraded railway from Tokadeh to Buchanan, and with enhanced port infrastructure for efficient global exports.
“This project includes not only a modernized railway and port facilities but also advanced systems that support environmental sustainability and operational efficiency,” Kocken stated.
Human Capital Development: Training and Jobs
A significant part of AML’s investment is dedicated to human capital development. Kocken detailed how the company’s tuition-free training academies have already produced 163 skilled artisans, all of whom have been employed across AML’s operations in fields such as electrical work, welding, instrumentation, and mechanical fitting.
An additional 138 trainees are currently enrolled, while 122 graduates of a specialized two-year processing facility program have also been integrated into the workforce. The company is also expanding its technical training center in Buchanan to accommodate growing demand.
“ArcelorMittal Liberia is deeply committed to empowering Liberians through training and skills development, building a sustainable and competitive workforce,” Kocken said.
Economic Impact and Revenue Generation
Kocken highlighted the anticipated macroeconomic impact of the expansion. The project is expected to significantly increase Liberia’s GDP and government revenues – with annual payments projected to rise from $35 million to $125 million.
“This revenue growth will enable greater government investment in health, education, and infrastructure,” he noted.
Job Creation and Local Business Growth
The expansion has already generated more than 5,000 construction jobs, with over 3,000 permanent roles expected to be created upon full operationalization.
“This is a major boost to the local economy,” Kocken said. “It has also spurred increased procurement from Liberian-owned businesses and fostered opportunities for local manufacturing enterprises to support the industrial supply chain.”
Community Investment
Kocken concluded by reaffirming AML’s commitment to corporate social responsibility. Once the company’s third Mineral Development Agreement (MDA) amendment is finalized, AML’s annual contribution to the Community Development Fund will increase to $4 million. These funds will support local infrastructure, youth programs, and public services in affected communities.
