ARCELORMITTAL’S TRAIN DERAILS , IRON ORE WAGONS ALLEGEDLY SABOTAGED BY THIEVES

ArcelorMittal Liberia reports that at approximately 8:00pm on September 21, 2021, one of its locomotives traveling from Tokadeh in Nimba County to Buchanan was targeted by criminal activities that resulted in an incident on the rail track around Kilometer 215 near Sanniquellie.

The presumed target of these criminals were the tarpaulins covering the iron ore wagons to keep out moisture from the iron ore. During this blatant attack, some of the moving wagons were deliberately disconnected from its braking systems and veered off the rail track resulting in damage to a portion of the rail line. No fatalities or injuries were reported.

The company while assessing the impact has reported this incident and is working with police and security authorities to conduct an investigation.

ArcelorMittal Liberia strongly condemns this latest attack against its property.

ArcelorMittal is the world’s leading steel and mining company, with a presence in 60 countries and primary steelmaking facilities in 17 countries. In 2020, ArcelorMittal had revenues of $53.3 billion and crude steel production of 71.5 million metric tonnes, while iron ore production reached 58.0 million metric tonnes.

Our goal is to help build a better world with smarter steels. Steels made using innovative processes which use less energy, emit significantly less carbon and reduce costs.

Steels that are cleaner, stronger and reusable. Steels for electric vehicles and renewable energy infrastructure that will support societies as they transform through this century.

With steel at our core, our inventive people, and an entrepreneurial culture at heart, we will support the world in making that change. This is what we believe it takes to be the steel company of the future.

ArcelorMittal is listed on the stock exchanges of New York (MT), Amsterdam (MT), Paris (MT), Luxembourg (MT) and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and Valencia (MTS