Is Liberia Really Benefiting Fairly From ArcelorMittal's Deal?
IS LIBERIA REALLY BENEFITING FAIRLY FROM ARCELORMITTAL'S DEAL? Watch the film: YouTube: https://youtu.be/7-5DNuzcnYE Facebook: https://facebook.com/reel/2712819269150160/ Liberia's own Minerals and Mining Law, Section 17.4, sets mineral royalties at three to ten percent. That is documented. It is the law. But CorporateWatch Liberia asks: is three to ten percent even a fair amount for the sale of our resources? These resources do not grow back. Once the ore is gone, it is gone. CorporateWatch Liberia's position, stated by our founder, is that Liberia keeps only two to ten percent of the value, while ArcelorMittal takes ninety to ninety-eight percent. And it is not only ore. The nation's resources — the land, the forests, the water, the railway, the port — are being given away, and in some cases auctioned, while the people who own them watch the wealth leave. The full fiscal terms are not published. The international transparency body rates ArcelorMittal Liberia's contract transparency as not met. And the concession now runs to twenty fifty. So ask the question that matters most. What will our children inherit? The pits? The polluted rivers? Classrooms of mud, while billions leave in trainloads? Our Constitution says opportunities must be secured for future generations. Is Liberia really benefiting fairly? The numbers say: not yet. Sources: Minerals and Mining Law of Liberia, Section 17.4 (royalties 3-10 percent); CorporateWatch Liberia's founder position on the 2-10 percent / 90-98 percent split, put to the company and the Government to answer; EITI contract-transparency rating of "not met"; Amendment No. 3, ratified January 29, 2026, term to 2050. CorporateWatch Liberia — Land. Life. Justice. corporatewatchliberia.org Petition: change.org/p/hold-arcelormittal-accountable-for-systemic-human-rights-abuses
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