Articles

February, 22nd 2024

Derailment issues with Arcelor Mittal trains don’t seem to be coming to an end. Latest derailment took place today, February 22nd 2024, in Tokadeh.

Liberian Economy has secured a photo of the scene that showcases significant material damages. There are still no reports on injured personnel or any casualties.

The newly elected President of Liberia, Joseph Boakai has officially been inaugurated on January 22nd. His inaugural speech speaks about his plan for the development of Liberia, justice and fight against corruption, increased wellbeing, focus on economy and jobs creation, as well as advancing Liberia’s international position with its allies.

ArcelorMittal has saluted its ‘courageous people’ at its plant. But Lakshmi Mittal is also joint owner of a firm importing an estimated £2.36 billion of Putin’s oil since the invasion.
London-based billionaire Lakshmi Mittal’s steel empire has witnessed war in a way that is beyond the experience of all but a few companies. At least 118 former employees of the Ukrainian outpost of ArcelorMittal, the steel giant he founded, have died fighting to repel Russia’s invasion.

ArcelorMittal, the global steel giant, is facing renewed scrutiny following a devastating incident at its mine in Kazakhstan, where 46 miners lost their lives in a recent explosion. This tragic event has brought attention to a broader pattern of safety issues and neglect across ArcelorMittal’s operations, extending beyond Kazakhstan to Africa and Asia. In particular, Liberia has experienced its share of challenges, shedding light on the company’s track record of inadequate maintenance and disregard for the well-being of its employees.

Nimba County District #9 Representative, Taa Wongbe, has reasons to believe that Liberia is being short-changed by global iron ore giant, AML, in its operations in the country and as such, there is a need for the 55th legislature to be more vigilant against concessionaires in the country if Liberians are to benefit from the country’s natural resources.

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