Liberia Iron Ore Production to Triple
Analysis based on 9 articles · First reported Feb 16, 2026 · Last updated Mar 05, 2026
The significant increase in Liberia's iron ore production, driven by ArcelorMittal's expansion, is expected to positively impact the global metals and mining markets by increasing supply. This development also signals renewed investor confidence in Liberia's mining sector, potentially attracting further foreign direct investment.
Liberia's iron ore production is projected to triple to 30 million metric tonnes by 2026, primarily due to expansion projects led by ArcelorMittal. The company is undertaking a multi-billion-dollar investment to upgrade infrastructure and increase its shipping capacity to 20 million tonnes annually. Other operators like Cavalla Resources, Westcrest, Zodiac, and Bao Chico are also contributing to the growth. The Liberian government, through its Ministry of Mines and Energy, is reforming the mining code to introduce a free-carried equity stake of 10-15% in new projects, aiming for a hybrid royalty and equity model to capture greater long-term value and create employment. Gold output is also expected to rise, with Mansa Resources' Dugbe mine increasing its contribution. This expansion marks a significant scale-up in Liberia's post-war mining history and is crucial for the nation's export earnings.
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