Government of Liberia and ArcelorMittal sign new long-term Mineral Development Agreement
Arcelor Mittal NY Registry Shares NEW (MT)
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Source: GlobeNewswire
30 January 2026, 08:30 CET The Government of the Republic of Liberia and ArcelorMittal (“the Company”) have signed an amendment to the existing Mineral Development Agreement (MDA), which was yesterday ratified via the Liberian legislative process, extending the duration of the agreement to 2050, with a right to renew for a further 25 years. The agreement solidifies ArcelorMittal’s long-term mining expansion and commitment to Liberia. It also provides for the Government’s desire to make the Tokadeh to Buchanan rail corridor accessible to multiple users. The agreement, alongside the recent inauguration of ArcelorMittal’s iron ore concentration facility at Tokadeh in Nimba County, highlights Liberia’s growing stature as a competitive and strategic hub for mineral development in West Africa. The state-of-the-art concentrator facility is one of the largest and most technologically advanced iron ore beneficiation plants in Africa. The new concentrator forms the centrepiece of ArcelorMitt
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News
- ArcelorMittal announces the publication of its fourth quarter and full year 2025 sell-side analyst consensus figuresGlobeNewswire
- Statement re Acciaierie d'ItaliaGlobeNewswire
- ArcelorMittal (NYSE:MT) had its "hold (c)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- ArcelorMittal (NYSE:MT) had its "buy" rating reaffirmed by analysts at Citigroup Inc..MarketBeat
- ArcelorMittal (NYSE:MT) had its price target raised by analysts at Wells Fargo & Company from $39.00 to $47.00. They now have an "equal weight" rating on the stock.MarketBeat
MT
Earnings
- 11/6/25 - Beat
MT
Sec Filings
- 2/4/26 - Form 6-K
- 1/30/26 - Form 6-K
- 1/29/26 - Form 6-K
- MT's page on the SEC website