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It fell into disuse and was damaged during the civil war, but has recently been rebuilt by Arcelor Mittal from Tokadeh to the coast and was put back into service in 2011. [2] This railway is 1,435 mm (4 ft 8 + 1 ⁄ 2 in) standard gauge. [5] In 2022 a short extension across the border into Guinea to serve iron ore deposits there was proposed.
The Liberian-American-Swedish Mining Company (LAMCO) is a defunct Liberian corporation that mined for iron ore in the Nimba range in Liberia and exploited the area during the second half of the twentieth century. Founded in 1955 by American and Swedish investors, the company established the first large-scale mining operation in Liberia ...
Transport in Liberia consists of 266 miles of railways, 6,580 miles of highways (408 mi paved), seaports, 29 airports (2 paved) and 2 miles of pipeline for oil transportation. [1] Busses and taxis are the main forms of ground transportation in and around Monrovia. Charter boats are also available. [2] [better source needed]
Topographic map depicting Liberia's railways. From the north: Nano River 1,067 mm (3 ft 6 in) gauge Bong 1,435 mm (4 ft 8 + 1 ⁄ 2 in) gauge Lamco 1,435 mm (4 ft 8 + 1 ⁄ 2 in) gauge. The history of rail transport in Liberia began shortly after World War II, when the Freeport of Monrovia was completed, with limited rail access. It had been ...
ArcelorMittal S.A. is a Luxembourg-based multinational steel manufacturing corporation headquartered in Luxembourg City. It was formed in 2006 from the takeover and merger of Arcelor by Indian-owned Mittal Steel . [ 3 ]
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On 25 June 2006 Arcelor, in a board meeting announced that it has accepted a further sweetened offer ($50.68 or €40.4 per share) and the new company would now be called ArcelorMittal, thus successfully ending one of the most controversial and publicised takeover bids in modern corporate history.
Location of Liberia. Liberia is a country on the West African coast. Liberia means "Land of the Free" in Latin. [1] The Central Bank of Liberia is responsible for printing and maintaining the Liberian dollar, which is the primary form of currency in Liberia. Liberia is one of the world's poorest countries, with a formal employment rate of 15%. [2]