Facing the blockage caused by ArcelorMittal’s exclusive rail deal with Liberia, tycoon Robert Friedland decided to take his iron ore mine project in Guinea into his own hands – and build his own railway. From Conakry to Monrovia via Washington, he has been mobilising his network to put pressure on the Guinean and Liberian authorities.
A view of a train loaded with iron ore at the ArcelorMittal iron ore mine in Mount Nimba, Liberia, June 2021.
From Guinea to Liberia, how Robert Friedland is mining Mount Nimba After American-Canadian billionaire Robert Friedland found copper at Kamoa-Kakula in the DRC in 2009, he ventured into Guinea, on the border with Liberia and Côte d’Ivoire. Now backed into a corner with the Mount Nimba deposit, the mining magnate is using every available channel to get his iron on track.At the head of Ivanhoe Mines, the American-Canadian tycoon has established himself as one of the key figures in the world of copper mining.
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