Boakai Oversees ArcelorMittal Rail Expansion as Liberia Economy Shifts
Liberia's President Boakai has ratified a 2050 agreement with ArcelorMittal, extending its mining concession and investing $3.5B. The deal includes a $200M upfront payment, rail expansions to 30M tonnes/year, and multi-user rail access by 2030. Ivanhoe Atlantic will invest $1.8B for infrastructure and access. The agreement aims to boost Liberia's GDP and transition rail to multi-user operations.



