ENXTAM:MTMetals and Mining
ArcelorMittal (ENXTAM:MT) Is Up 5.3% After Extending Liberia Mining Pact And Rail Access To 2050
In late January 2026, the Government of Liberia and ArcelorMittal amended and ratified their Mineral Development Agreement, extending it to 2050 with a renewal option, supporting a US$1.80 billion expansion that lifts iron ore capacity, rail and port infrastructure, and includes a US$200 million payment for extended mining rights and reserved rail access.
This deal not only deepens ArcelorMittal’s long-term footprint in West African iron ore, it also grants privileged use of a key rail...