Core Points - ArcelorMittal inaugurated a new 20 million tonne capacity concentrator in Liberia, marking a significant milestone in its mining operations in the country [1][2] - The concentrator is part of a US$1.8 billion expansion project, increasing ArcelorMittal's total investment in Liberia to approximately US$3 billion, and aims to boost iron ore production from 5 million tonnes to 20 million tonnes annually [2][6] - The expansion includes infrastructure upgrades such as railway enhancements and a new pier at the port of Buchanan, creating over 5,000 construction jobs and expected to generate 1,000 permanent jobs [3][4] Company Overview - ArcelorMittal is one of the world's leading integrated steel and mining companies, with operations in 60 countries and primary steelmaking in 15 countries [10] - In 2024, ArcelorMittal generated revenues of $62.4 billion, producing 57.9 million metric tonnes of crude steel and 42.4 million tonnes of iron ore [10] - The company has plans for further expansion in Liberia, with ambitions to increase production capacity to 30 million tonnes annually and explore options for producing DRI quality concentrate [8]