Global steel giant ArcelorMittal will have to share the Liberian rail line that it is using to export iron ore with West Africa-focused Sable Mining and other miners operating in Guinea, according to a Reuters report. The rail line is currently operated by ArcelorMittal.
Reuters quoted Liberian finance minister Amara Konneh as saying that ArcelorMittal is open to the multi-use of the rail in accordance with the agreement the company signed with the Liberian government.
According to Reuters, the Guinean government has granted permission to export through Liberia only to Sable Mining which is expecting to start production in 2015 and to reach a 5 million mt per year output.
Source:
http://www.steelorbis.com/steel-news/latest-news/arcelormittal-to-share-liberian-rail-line-with-other-miners-in-guinea-806959.htm
