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High-Level U.S. And UK Diplomatic Visits To ArcelorMittal Liberia

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News Release

FOR IMMEDIATE RELEASE                                                                      

High-level U.S. and UK Diplomatic Visits to ArcelorMittal Liberia  

BUCHANAN─ (23rd November, 2020), The newly accredited British Ambassador to Liberia, His Excellency Neil Bradley, and a senior delegation from the United States Embassy in Monrovia led by US Agency for International Development (USAID) Mission Director Sara R. Walter, have concluded visits to the ArcelorMittal Liberia Concession and mining operations in Yekepa, Nimba and Buchanan Grand Bassa Counties.

Ambassador Bradley and the U.S. delegation were received by ArcelorMittal Liberia’s Chief Executive Officer (CEO) Scott Lowe and senior executives of the company during the visits.

British Ambassador’s visit to Tokadeh

The British Ambassador’s field trip to Tokadeh also included an aerial view of the Port of Buchanan and rail infrastructure.

The Ambassador said it was a good experience to have visited ArcelorMittal Liberia’s operations to see the infrastructure, including the mines, the rail and port and to hear about workers’ health and safety and the plans for expanding the mines.

“It is great to have the opportunity to visit the ArcelorMittal Liberia operations to see their current investment in Liberia and hear about their ambitious plans for expansion. Further significant and high-quality investment can create valuable local jobs and make a positive contribution to Liberia’s prosperity, while being sensitive towards the environment and maintaining the emphasis on employees’ safety”. Ambassador Bradley said.

The US Embassy visit to Buchanan

Not long after the British Ambassador’s trip, US delegation led by USAID-Liberia Mission Director Sarah R. Walter, including Senior Defence Official, Matt Alden, Political-Economic Counselor, Joel Kopp and USAID Economic Growth Officer, Kalim Hanna, toured ArcelorMittal’s concession area and facilities in Buchanan.

Speaking on behalf of members of her delegation, Sara R. Walter congratulated ArcelorMittal Liberia for its outstanding work in the areas of health and education and said her team was excited by the chance to tour the company’s facilities and learn more about its operations first-hand.

Reflecting on the visit she said: “I would say my key take-a-ways are that I see a real engine for economic growth here for Liberia…. a real opportunity for creating more jobs, good jobs and offering a good quality of life for Liberians with a very responsible approach.”

Embassy visits a vote of confidence in ArcelorMittal Liberia

In summing up the recent visits, CEO Scott Lowe said: “We have been honoured to have both UK and US embassies visit our operations to learn about our current business and our exciting plans for the future. We are very grateful for their confidence in our Company”.

About ArcelorMittal

ArcelorMittal is the world’s leading steel and mining company, with a presence in 60 countries and an industrial footprint in 17 countries. Guided by a philosophy to produce safe, sustainable steel, we are the leading supplier of quality steel in the major global steel markets including automotive, construction, household appliances and packaging, with world-class research and development and outstanding distribution networks.

Through our core values of sustainability, quality and leadership, we operate responsibly with respect to the health, safety and wellbeing of our employees, contractors and the communities in which we operate.

For us, steel is the fabric of life, as it is at the heart of the modern world from railways to cars and washing machines. We are actively researching and producing steel-based technologies and solutions that make many of the products and components people use in their everyday lives more energy efficient.

We are one of the world’s five largest producers of iron ore and metallurgical coal. With a geographically diversified portfolio of iron ore and coal assets, we are strategically positioned to serve our network of steel plants and the external global market. While our steel operations are important customers, our supply to the external market is increasing as we grow.

In 2018, ArcelorMittal had revenues of $76.0 billion and crude steel production of 92.5 million metric tonnes, while own iron ore production reached 58.5 million metric tonnes.

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).

For more information about ArcelorMittal please visit: http://corporate.arcelormittal.com/

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