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Addressing Misinformation In The Media-ArcelorMittal Liberia

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Press Statement

Addressing Misinformation In The Media  

29th September 2021 ̶(BUCHANAN) ArcelorMittal Liberia (AML) describes news stories published Wednesday September 29, 2021 by the Whistle Blower Liberia and the Liberian Express online newspapers as factually incorrect. The stories claim that Global Witness, human rights organization, has issued a critical report on the recently signed amendment to the ArcelorMittal Liberia Mineral Development Agreement.

ArcelorMittal Liberia points out that the Global Witness’ statement cited by the two newspapers dates as far back as October 2006.  In fact, following the renegotiation of the AML Mineral Development agreement, Global Witness issued a statement dated August 2007 in which it stated that “By renegotiating the contract Mittal Steel has shown that it is possible for a multinational company to act responsibly and negotiate a deal that remains profitable and safeguards the interests of the host country and its people.”

While ArcelorMittal welcomes acknowledgement by the Whistle Blower Liberia and Liberian Express online newspapers of an error, it looks forward to the publication of an erratum and the recall of the story as they have assured.

ArcelorMittal Liberia values engagement with media and is always open and willing to share information about its operations and to respond to whatever inquiries.

About ArcelorMittal

ArcelorMittal is the world’s leading steel and mining company, with a presence in 60 countries and primary steelmaking facilities in 17 countries. In 2020, ArcelorMittal had revenues of $53.3 billion and crude steel production of 71.5 million metric tonnes, while iron ore production reached 58.0 million metric tonnes.

Our goal is to help build a better world with smarter steels. Steels made using innovative processes which use less energy, emit significantly less carbon and reduce costs. Steels that are cleaner, stronger and reusable. Steels for electric vehicles and renewable energy infrastructure that will support societies as they transform through this century. With steel at our core, our inventive people, and an entrepreneurial culture at heart, we will support the world in making that change. This is what we believe it takes to be the steel company of the future. ArcelorMittal is listed on the stock exchanges of New York (MT), Amsterdam (MT), Paris (MT), Luxembourg (MT) and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and Valencia (MTS).

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