Liberia targets tripling iron ore output to 30 million tons following ArcelorMittal expansion

Liberia expects iron ore output to triple this year as ArcelorMittal expands. The government is also revising mining laws to include state equity stakes.

Insights:
Liberia LRLR expects its iron ore production to triple this year, reaching approximately 30 million metric tons. This surge is primarily driven by a planned ramp-up from ArcelorMittal Liberia (AML) and additional volumes from both new and revived mining projects across the country. The projected output marks a significant increase from the roughly 10 million tons produced in 2025.
To support this expansion, major upgrades are underway for a new concentrator, as well as railway and port upgrades. ArcelorMittal S.A. , headquartered in Luxembourg LULU, has outlined a plan to ship 20 million tons in 2026 through its local subsidiary. These infrastructure improvements are designed to push throughput capacity toward a target of 30 million tons per annum.
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