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ArcelorMittal

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uuid00095kl

Namestring
ArcelorMittal
Legal namestring
ArcelorMittal
Websiteurl
liberia.arcelormittal.com
Company typeenum
Public
Founded yearint
2006
Descriptiontext

ArcelorMittal is a publicly listed global steel and mining company (NYSE: MT) formed when Mittal Steel acquired Arcelor, operating with 245,000 employees across 60 countries and 119 million tons of annual steel production capacity. The group has an industrial presence in more than 22 countries spanning four continents and serves all major steel end-markets including construction, domestic appliances, packaging, and automotive. Its wholly-owned subsidiary, ArcelorMittal Liberia Ltd., created in 2006 under a 25-year Mineral Development Agreement with the Government of Liberia, operates an integrated iron ore mining, rail, and port business centered on the Mount Gangra and Tokadeh mines in Nimba County, exporting through the Port of Buchanan.

The core technology stack combines Direct Shipping Ore mining at approximately 60% iron content with a state-of-the-art 15 million tonne annual-capacity concentrator plant at Tokadeh that produces higher-grade iron ore concentrate. Operations are supported by an integrated rail network (Yekepa to Buchanan), marine loading facilities, and a trans-shipment vessel with 92,000 ton intake capacity that loads cape-size vessels up to 180,000 tons. Product lines span raw DSO, iron ore concentrate for global steel mills, and specialized steel grades (via the Industeel subsidiary) serving energy markets including nuclear reactors, LNG ships, and pipelines.

ArcelorMittal makes money through commodity-based transaction sales of iron ore and steel products to enterprise buyers via direct long-term supply relationships. Pricing is contract-negotiated rather than publicly disclosed. Customer segments are diversified across global steelmakers, construction firms, automotive manufacturers, domestic appliance producers, packaging companies, and the energy sector. Q4 2025 group revenue was $14.97 billion with EBITDA of $1.59 billion, including $314 million of mining EBITDA from the Liberia division, where iron ore shipments rose 22.70% to 10.10 million tonnes. Cumulatively, ArcelorMittal has invested $3.5 billion in Liberia, including the $1.8 billion Phase II expansion completed in 2025, with an amended MDA in February 2026 extending operations to 2050.

Short descriptiontext

ArcelorMittal is a publicly listed global steel and mining company with 245,000 employees across 60 countries and 119 million tons of annual capacity. Through its Liberia subsidiary, it operates integrated iron ore mining, rail, and port operations exporting concentrate and DSO to global steelmakers, while the parent group serves construction, automotive, packaging, and energy markets.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
10,001+
akta.pro rankint
HeadquartersLuxembourg, Luxembourg
HQ citystring
Luxembourg
HQ countrystring
Luxembourg
HQ regionstring
Europe
Markets served

Serves global market

Offices3 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
iron ore mining, steel production, iron ore concentrate, integrated steel mills, mining logistics
Industry3 codes
1Iron Ore Trading, Marketing & Offtake (Physical, Blending, Contracts)
CodeIMAKAAAGPrimaryYes
2Iron Ore Mine Development & Expansion (EPC, Construction, Commissioning)
CodeIMAKAAABPrimaryNo
3Ferrous Metals Trading & Distribution (Iron Ore, Pig Iron, DRI/HBI, Ferroalloys)
CodeIMAKAJAAPrimaryNo
NAICS code1 code
  • Iron Ore Mining212210
SIC code2 codes
  • Metal Mining1000
  • Wholesale-Metals & Minerals (No Petroleum)5050
Product category
Iron Ore Mining and Steel Production
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model2 records
1Iron Ore Mining and Export
TypeTransaction Fee
Description

Mining and exporting iron ore from Liberia to global steelmakers, shipping directly to buyers worldwide through the Port of Buchanan

liberia.arcelormittal.com
2Steel Production and Sales
TypeTransaction Fee
Description

Global steel production with 119 million tons annual capacity across 60 countries, serving construction, domestic appliances, packaging, and automotive markets

liberia.arcelormittal.com
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Supply Chain, Personnel, Infrastructure, Operations, Technology or R&D
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 record
1Industeel
Description

Wholly owned subsidiary producing special steels for energy markets, with mills in Belgium and France, specializing in high-purity steel grades for nuclear reactors and nuclear waste transport/storage casks

liberia.arcelormittal.com
Core offering1 text field

ArcelorMittal mines and sells iron ore (Direct Shipping Ore at ~60% FE and higher-grade concentrate) from its Liberia concession and produces a full range of flat and long steel products globally. It operates integrated mining, rail, and port logistics that ship ore from the Port of Buchanan to steel mills and other industrial buyers worldwide, supporting construction, automotive, packaging, appliance, and energy end-markets.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • Production increasing from 5 million tonnes to 20 million tonnes of iron ore annually by 2026
+3 more records
Product overview1 text field

ArcelorMittal Liberia operates as a mining and logistics operation producing iron ore for global export. The company transitioned from Direct Shipping Ore (DSO) operations to a state-of-the-art iron ore concentrate production facility through its Phase II expansion. The product portfolio includes raw iron ore at 60% FE content for direct shipment, and higher-grade concentrated ore produced via the new concentrator plant at Tokadeh. Operations span mining at Mount Gangra near Yekepa, rail transport via the Tokadeh-Buchanan corridor, and port operations at Buchanan for global ocean shipping.

Product and service1 record
1Direct Shipping Ore (DSO)
Scale indicator11 records

Each record includes

Type, Value, Description, Source

Partnership4 partners
1Government of Liberia
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-02-02
Description

Signed amended Mineral Development Agreement (MDA) extending duration to 2050 with right to renew for 25 years. The agreement solidifies ArcelorMittal's long-term mining expansion commitment and provides for multi-user access to the Tokadeh-Buchanan rail corridor. Total investment commitment of $3.5 billion including $200 million paid for mining rights extension and reserved railroad capacity.

liberia.arcelormittal.com
2Duke Corporate Education
Strategic tierMinorTypeStrategic or Co-development Partner
Description

Partnership with Duke Corporate Education through ArcelorMittal University to deliver the Succeed One Leadership Program for employee development, with over 15 ArcelorMittal Liberia employees graduating from the program.

3Nimba University
Strategic tierMinorTypeStrategic or Co-development Partner
Description

ArcelorMittal Liberia donated $50,000 to Nimba University specifically for strengthening the Mining Engineering and Geology Department. Total contributions to Nimba University stand at $675,000 since 2012, supporting laboratory equipment and curriculum development for mining professionals.

4Nimba County Health Team
Strategic tierMinorTypeStrategic or Co-development Partner
Description

Medical outreach collaboration providing healthcare services to fenceline communities in Nimba County including Bonla and Gbapa, with ArcelorMittal purchasing drugs and providing free treatment.

frontpageafricaonline.com
Recent move12 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
1Rio Tinto Group
TypeDirect peer
Description

Major iron ore producer operating the Pilbara mines in Western Australia with integrated rail-port infrastructure. Closely comparable business model to ArcelorMittal Liberia with mine-to-port integration and global steelmaker customers.

2Fortescue Metals Group
TypeDirect peer
Description

Pure-play iron ore producer in the Pilbara with integrated mine-rail-port operations. Closely comparable to ArcelorMittal Liberia as a focused iron ore exporter serving Asian steelmakers with high-volume infrastructure.

3Vale S.A.
TypeDirect peer
Description

World's largest iron ore producer, primarily operating the Carajás mine in Brazil. Directly comparable to ArcelorMittal Liberia as a vertically integrated iron ore miner with rail-port export infrastructure supplying global steelmakers.

4BHP Group
TypeDirect peer
Description

One of the world's largest iron ore producers, primarily from Western Australia. Directly comparable to ArcelorMittal as a diversified mining major with iron ore as a core commodity and global steelmaker customer base.

5Kumba Iron Ore
TypeDirect peer
Description

South African iron ore producer majority-owned by Anglo American. Comparable to ArcelorMittal Liberia as a dedicated iron ore miner exporting high-grade ore to global steel markets from an African base.

6Cleveland-Cliffs Inc.
TypeDirect peer
Description

North America's largest iron ore producer and flat-rolled steel manufacturer. Directly comparable to ArcelorMittal as a vertically integrated iron ore miner and steelmaker, with similar end-market exposure to automotive and construction.

7Anglo American plc
TypeBroad incumbent
Description

Diversified mining major with iron ore exposure through Kumba Iron Ore in South Africa. Comparable to ArcelorMittal as a broad- portfolio mining incumbent, though ArcelorMittal is more steel-integrated downstream.

8Mount Gibson Iron Limited
TypeEmerging player
Description

Australian iron ore producer with operations in the Mid-West and Kimberley regions. Comparable to ArcelorMittal as an iron ore miner with export infrastructure, though smaller in scale and emerging rather than established.

9Champion Iron Limited
TypeEmerging player
Description

Canadian-listed iron ore producer operating the Bloom Lake mine in Quebec, focused on high-grade iron ore concentrate. Comparable to ArcelorMittal Liberia as a high-grade iron ore concentrate producer targeting premium steel markets.

10Ferrexpo plc
TypeDirect peer
Description

Ukrainian iron ore pellet producer exporting to European steel mills. Directly comparable to ArcelorMittal Liberia as an iron ore miner with single-country operations and significant European steelmaker customer exposure.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers4 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment6 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles8 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries3 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

ArcelorMittal

Iron Ore Mining and Steel Productionliberia.arcelormittal.com

ArcelorMittal is a publicly listed global steel and mining company with 245,000 employees across 60 countries and 119 million tons of annual capacity. Through its Liberia subsidiary, it operates integrated iron ore mining, rail, and port operations exporting concentrate and DSO to global steelmakers, while the parent group serves construction, automotive, packaging, and energy markets.

What ArcelorMittal does

ArcelorMittal is a publicly listed global steel and mining company (NYSE: MT) formed when Mittal Steel acquired Arcelor, operating with 245,000 employees across 60 countries and 119 million tons of annual steel production capacity. The group has an industrial presence in more than 22 countries spanning four continents and serves all major steel end-markets including construction, domestic appliances, packaging, and automotive. Its wholly-owned subsidiary, ArcelorMittal Liberia Ltd., created in 2006 under a 25-year Mineral Development Agreement with the Government of Liberia, operates an integrated iron ore mining, rail, and port business centered on the Mount Gangra and Tokadeh mines in Nimba County, exporting through the Port of Buchanan.

The core technology stack combines Direct Shipping Ore mining at approximately 60% iron content with a state-of-the-art 15 million tonne annual-capacity concentrator plant at Tokadeh that produces higher-grade iron ore concentrate. Operations are supported by an integrated rail network (Yekepa to Buchanan), marine loading facilities, and a trans-shipment vessel with 92,000 ton intake capacity that loads cape-size vessels up to 180,000 tons. Product lines span raw DSO, iron ore concentrate for global steel mills, and specialized steel grades (via the Industeel subsidiary) serving energy markets including nuclear reactors, LNG ships, and pipelines.

ArcelorMittal makes money through commodity-based transaction sales of iron ore and steel products to enterprise buyers via direct long-term supply relationships. Pricing is contract-negotiated rather than publicly disclosed. Customer segments are diversified across global steelmakers, construction firms, automotive manufacturers, domestic appliance producers, packaging companies, and the energy sector. Q4 2025 group revenue was $14.97 billion with EBITDA of $1.59 billion, including $314 million of mining EBITDA from the Liberia division, where iron ore shipments rose 22.70% to 10.10 million tonnes. Cumulatively, ArcelorMittal has invested $3.5 billion in Liberia, including the $1.8 billion Phase II expansion completed in 2025, with an amended MDA in February 2026 extending operations to 2050.

ArcelorMittal firmographics

Firmographics
Name
ArcelorMittal
Legal name
ArcelorMittal
Website
https://liberia.arcelormittal.com
Company type
Public
Founded year
2006
Operating status
Operating
Headcount range
10,001+ employees
Short description
ArcelorMittal is a publicly listed global steel and mining company with 245,000 employees across 60 countries and 119 million tons of annual capacity. Through its Liberia subsidiary, it operates integrated iron ore mining, rail, and port operations exporting concentrate and DSO to global steelmakers, while the parent group serves construction, automotive, packaging, and energy markets.
Ownership category
akta.pro rank

ArcelorMittal industry classification

Industry
Product category
Iron Ore Mining and Steel Production
NAICS
Iron Ore Mining (212210)
SIC
Metal Mining (1000), Wholesale-Metals & Minerals (No Petroleum) (5050)
akta.pro primary industry
Iron Ore Trading, Marketing & Offtake (Physical, Blending, Contracts) (IMAKAAAG)
akta.pro secondary industries
Iron Ore Mine Development & Expansion (EPC, Construction, Commissioning) (IMAKAAAB), Ferrous Metals Trading & Distribution (Iron Ore, Pig Iron, DRI/HBI, Ferroalloys) (IMAKAJAA)

Keywords

  • Iron ore mining
  • Steel production
  • Iron ore concentrate
  • Integrated steel mills
  • Mining logistics

Where ArcelorMittal is headquartered

Location

Headquarters

HQ city
Luxembourg
HQ country
Luxembourg
HQ region
Europe

Offices3 records

Markets served

ArcelorMittal business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Personnel, Infrastructure, Operations, Technology or R&D

Revenue model

  1. Iron Ore Mining and Export: Mining and exporting iron ore from Liberia to global steelmakers, shipping directly to buyers worldwide through the Port of Buchanan
  2. Steel Production and Sales: Global steel production with 119 million tons annual capacity across 60 countries, serving construction, domestic appliances, packaging, and automotive markets

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

ArcelorMittal product offering

Product offering

Core offering

ArcelorMittal mines and sells iron ore (Direct Shipping Ore at ~60% FE and higher-grade concentrate) from its Liberia concession and produces a full range of flat and long steel products globally. It operates integrated mining, rail, and port logistics that ship ore from the Port of Buchanan to steel mills and other industrial buyers worldwide, supporting construction, automotive, packaging, appliance, and energy end-markets.

Product overview

ArcelorMittal Liberia operates as a mining and logistics operation producing iron ore for global export. The company transitioned from Direct Shipping Ore (DSO) operations to a state-of-the-art iron ore concentrate production facility through its Phase II expansion. The product portfolio includes raw iron ore at 60% FE content for direct shipment, and higher-grade concentrated ore produced via the new concentrator plant at Tokadeh. Operations span mining at Mount Gangra near Yekepa, rail transport via the Tokadeh-Buchanan corridor, and port operations at Buchanan for global ocean shipping.

Differentiator

Problem solved

Functional benefit

Brands

  • Industeel: Wholly owned subsidiary producing special steels for energy markets, with mills in Belgium and France, specializing in high-purity steel grades for nuclear reactors and nuclear waste transport/storage casks

Products and services

  • Direct Shipping Ore (DSO)

Quantifiable outcome

  • Production increasing from 5 million tonnes to 20 million tonnes of iron ore annually by 2026
  • +3 more outcomes

Companies that use ArcelorMittal

Customer profile

Named customers4 records

Segments6 records

Ideal customer profiles4 records

ArcelorMittal technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature4 records

ArcelorMittal partnerships and signals

Strategic signal

Partnerships

Four partnerships are on record, tiered core and minor.

  • Government of LiberiacoreStrategic or Co-development Partner · 2 February 2026Signed amended Mineral Development Agreement (MDA) extending duration to 2050 with right to renew for 25 years. The agreement solidifies ArcelorMittal's long-term mining expansion commitment and provides for multi-user access to the Tokadeh-Buchanan rail corridor. Total investment commitment of $3.5 billion including $200 million paid for mining rights extension and reserved railroad capacity.
  • Duke Corporate EducationminorStrategic or Co-development PartnerPartnership with Duke Corporate Education through ArcelorMittal University to deliver the Succeed One Leadership Program for employee development, with over 15 ArcelorMittal Liberia employees graduating from the program.
  • Nimba UniversityminorStrategic or Co-development PartnerArcelorMittal Liberia donated $50,000 to Nimba University specifically for strengthening the Mining Engineering and Geology Department. Total contributions to Nimba University stand at $675,000 since 2012, supporting laboratory equipment and curriculum development for mining professionals.
  • Nimba County Health TeamminorStrategic or Co-development PartnerMedical outreach collaboration providing healthcare services to fenceline communities in Nimba County including Bonla and Gbapa, with ArcelorMittal purchasing drugs and providing free treatment.

Scale indicators11 records

Recent moves12 records

Expansion highlights5 records

ArcelorMittal competitors and assessment

Company assessment

Direct peers

  • Rio Tinto Group: Major iron ore producer operating the Pilbara mines in Western Australia with integrated rail-port infrastructure. Closely comparable business model to ArcelorMittal Liberia with mine-to-port integration and global steelmaker customers.
  • Fortescue Metals Group: Pure-play iron ore producer in the Pilbara with integrated mine-rail-port operations. Closely comparable to ArcelorMittal Liberia as a focused iron ore exporter serving Asian steelmakers with high-volume infrastructure.
  • Vale S.A. World's largest iron ore producer, primarily operating the Carajás mine in Brazil. Directly comparable to ArcelorMittal Liberia as a vertically integrated iron ore miner with rail-port export infrastructure supplying global steelmakers.
  • BHP Group: One of the world's largest iron ore producers, primarily from Western Australia. Directly comparable to ArcelorMittal as a diversified mining major with iron ore as a core commodity and global steelmaker customer base.
  • Kumba Iron Ore: South African iron ore producer majority-owned by Anglo American. Comparable to ArcelorMittal Liberia as a dedicated iron ore miner exporting high-grade ore to global steel markets from an African base.
  • Cleveland-Cliffs Inc. North America's largest iron ore producer and flat-rolled steel manufacturer. Directly comparable to ArcelorMittal as a vertically integrated iron ore miner and steelmaker, with similar end-market exposure to automotive and construction.
  • Ferrexpo plc: Ukrainian iron ore pellet producer exporting to European steel mills. Directly comparable to ArcelorMittal Liberia as an iron ore miner with single-country operations and significant European steelmaker customer exposure.

Broad incumbents

  • Anglo American plc: Diversified mining major with iron ore exposure through Kumba Iron Ore in South Africa. Comparable to ArcelorMittal as a broad- portfolio mining incumbent, though ArcelorMittal is more steel-integrated downstream.

Emerging players

  • Mount Gibson Iron Limited: Australian iron ore producer with operations in the Mid-West and Kimberley regions. Comparable to ArcelorMittal as an iron ore miner with export infrastructure, though smaller in scale and emerging rather than established.
  • Champion Iron Limited: Canadian-listed iron ore producer operating the Bloom Lake mine in Quebec, focused on high-grade iron ore concentrate. Comparable to ArcelorMittal Liberia as a high-grade iron ore concentrate producer targeting premium steel markets.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

ArcelorMittal social profiles

Digital presence

ArcelorMittal financial estimates

Financial estimate

Revenue estimate

Valuation estimate

ArcelorMittal leadership team

Management profile

Number of profiles

Profiles8 records

ArcelorMittal subsidiaries and ownership

Company hierarchy

Subsidiaries3 records

ArcelorMittal funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

ArcelorMittal M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ArcelorMittal

What does ArcelorMittal do?

ArcelorMittal mines and sells iron ore (Direct Shipping Ore at ~60% FE and higher-grade concentrate) from its Liberia concession and produces a full range of flat and long steel products globally. It operates integrated mining, rail, and port logistics that ship ore from the Port of Buchanan to steel mills and other industrial buyers worldwide, supporting construction, automotive, packaging, appliance, and energy end-markets.

Is ArcelorMittal a public or private company?

ArcelorMittal is a public company. It is classified as public and is currently operating.

When was ArcelorMittal founded?

ArcelorMittal was founded in 2006. It employs 10,001+ people.

Where is ArcelorMittal based?

ArcelorMittal is headquartered in Luxembourg, Luxembourg, in the Europe region.

How does ArcelorMittal make money?

Two revenue lines are on record. Iron Ore Mining and Export is the primary driver. The others are steel Production and Sales.

Who are ArcelorMittal's main competitors?

Direct peers on record are Rio Tinto Group, Fortescue Metals Group, Vale S.A., BHP Group, Kumba Iron Ore, Cleveland-Cliffs Inc. and Ferrexpo plc. Anglo American plc is listed as a broad incumbent. Emerging players are Mount Gibson Iron Limited and Champion Iron Limited.

Does ArcelorMittal have an API?

No public API is recorded for ArcelorMittal.

What industry is ArcelorMittal in?

ArcelorMittal's product category is Iron Ore Mining and Steel Production. Its primary akta.pro industry code is IMAKAAAG, Iron Ore Trading, Marketing & Offtake (Physical, Blending, Contracts), with a secondary code of IMAKAAAB, Iron Ore Mine Development & Expansion (EPC, Construction, Commissioning). Its NAICS code is 212210 and its SIC code is 1000.

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Live signals
Agence EcofinLiberia : réformes et investissements au port de Monrovia, mais des défis logistiques demeurent en avalLiberia has enacted laws granting autonomy to its ports and launched a $550 million infrastructure development plan managed by the National Ports Authority (NPA), while also awarding Marsa Maroc a concession for modernizing jetties in Monrovia. Despite these investments, operational efficiency is hindered by high handling costs, corruption issues, and poor inland logistics, including a road network that was only 9% paved in 2022 and limited railway capacity focused on iron ore exports via ArcelorMittal Liberia.AllafricaLiberia: Arcelormittal Liberia Expands Local JobsArcelorMittal Liberia completed a round of Learning Ability Battery assessments with 218 residents from Grand Bassa County, evaluating them in math, English, and fitness. The initiative has placed over 300 residents in formal employment and admitted 26 candidates into its Vocational Training Center apprenticeship program.AllafricaLiberia: Aminata Fuel Theft - 2,000 Gallons Stolen From Arcelormittal, Management Fires Six StaffOn June 8, 2026, a fuel supplier delivered 8,000 gallons to ArcelorMittal's Yekepa site, but only 6,000 were found, leaving 2,000 in the truck. ArcelorMittal dismissed six employees and two security officers, and the CEO praised the security commander who uncovered the theft. The company has not decided whether Aminata will continue supplying fuel.Investing.comEuropean shares end slightly higher as investors weigh Iran peace proposal By ReutersEuropean shares rose 0.2% on Tuesday as investors weighed a U.S. Iran peace proposal amid inflation concerns. The STOXX 600 closed at 611.34 points, below pre-war levels, while bond yields held steady. Nvidia results on Wednesday could test the AI trade.AllafricaLiberia: AML CEO Urges Community Inclusion As Key to SafetyArcelorMittal Liberia CEO Michiel Van Der Merwe urged employees to intensify community engagement, stating safety depends on residents' well-being. He cited a Grand Bassa County incident and called for rail safety education. The company pledged a substantial budget for community investment.YahooArcelorMittal (MT) Invests €1.3B in Dunkirk Decarbonization ProjectArcelorMittal announced a €1.3 billion investment on February 10 to construct a new electric arc furnace at its Dunkirk, France steelmaking facility, with operations scheduled to begin in 2029. The EAF will have a 2-million-tonne capacity and produce steel with 3x less CO2 than traditional blast furnaces, with 50% of funding provided through Energy Efficiency Certificates supported by the French government. The company also revealed a separate €500 million electrical steel production unit in Mardyck this quarter, citing European regulatory developments including the Carbon Border Adjustment Mechanism as key factors enabling the investment commitment.Discovery AlertLiberia Iron Ore Production Triples to 30Mt by 2026Liberia is targeting a tripling of iron ore production from 10 million tonnes in 2025 to 25-30 million tonnes by 2026, representing 150-200% year-over-year growth driven by over $3.5 billion in coordinated infrastructure investment. ArcelorMittal remains central to this expansion, scaling from 5 million tonnes to 20 million tonnes annually by 2026, while new entrants Cavalla Resources, Westcrest, Zodiac, and Bao Chico collectively target the remaining production volume. The additional capacity represents approximately 5-7% of global iron ore trade, creating meaningful market share implications for established Atlantic Basin suppliers while providing European steel mills with a 7-10 day shipping advantage over Brazilian competitors.AllafricaLiberia: Workers Stage Violent Protest in YekepaA labor protest erupted on February 18, 2026, at the AFCON Camp in Yekepa, Nimba County, Liberia, over wages and employment benefits, leaving one police officer wounded and at least 27 workers arrested with property damage still being assessed. AFCON, an Indian contractor engaged by ArcelorMittal Liberia to construct an iron ore concentration plant, is at the center of the dispute, with workers citing stagnant wages, inadequate benefits, and the recent termination of 689 departmental contracts as key grievances. This disturbance marks the second protest within two weeks at the AML concession area, occurring shortly after Liberia and ArcelorMittal signed a new 25-year Mineral Development Agreement.AllafricaLiberia: AML CEO Van Der Merwe Touts Liberia As Prime Destination for InvestmentArcelorMittal Liberia CEO Michiel Van Der Merwe praised Liberia as a business-friendly destination for investment, citing the recent passage of the Third Amended Mineral Development Agreement as evidence of the country's commitment to economic partnership. The company announced ambitious production targets, increasing output from 10 million tons last year to at least 23 million tons this year, with plans to reach 30 million tons as part of its Phase II Expansion. Analysts suggest the production growth could significantly enhance Liberia's export performance, foreign exchange earnings, government revenues, and drive demand for skilled labor and local service providers.YahooArcelorMittal (MT) Reported Strong Q4 2025 Earnings Surprise, Expands Renewable Energy Capacity to 2.8GW by 2028ArcelorMittal reported Q4 2025 earnings per share of $0.86, beating the consensus estimate of $0.62 by 38.71%, though revenue came in below expectations at $14.97 billion. The steel giant plans to expand renewable energy capacity to 2.8GW by 2028, estimated to add $0.4 billion to EBITDA, with 1.6GW already licensed in India, Brazil, and Argentina. The company's Liberian iron ore business reached record exports of 10 million tons in 2025 and, following an agreement with the Government of Liberia to extend operations until 2050, a new concentrator is expected to ramp up capacity to 30 million tons by 2026.