Kpelleboy
Number of posts: 577
Points: 2338
Registration date: 2008-07-29
 | | Subject: Risky Projects: Can Mittal Steel Deliver in Liberia? Mon Nov 03, 2008 4:45 am | |
|  Risky Resource Projects: Can ArcelorMittal deliver in Liberia? By: Juliet Hepker and Daniel Litvin (Guest Writers)The world’s biggest steel company, ArcelorMittal, could struggle to meet local expectations in Liberia When the Indian chief executive of ArcelorMittal, Lakshmi Mittal, visited the West African state of Liberia last December, there were smiles all round. The steel magnate, one of the world’s richest men, delighted the government of this poverty-stricken, and until recently war-torn, nation by announcing his company would boost spending on its iron ore project (already the country’s biggest foreign investment) from $1bn to $1.5bn. Full Story WWW.THELIBERIANJOURNAL.COM (The Liberian Journal) |
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