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Liberia
Facing numerous hurdles, miners Solway and HPX look to Joseph Boakai for help

The Swiss and US firms are hoping the newly installed president will clean up Liberia's mining sector. With Washington's backing, they are trying to undo the former administration's manœuvres and to build a rail corridor. [...]

Published on 30/01/2024 at 05:40 GMT Reading time 4 minutes

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Mining

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Liberia
Alford Boima Morgan
ArcelorMittal
ArcelorMittal Holdings A.G
ArcelorMittal Liberia
ArcelorMittal Liberia Holdings
ArcelorMittal Ltd
Benedict Sannoh
Bronwyn Barnes
Congress for Democratic Change
Frank Musa Dean
George Weah
Gesler E. Murray
High Power Exploration
Hogan Lovells
Ivanhoe Mines
Jeremy Weir
Joseph Boakai
Jozephus Coenen
Linda Thomas-Greenfield
London Court of International Arbitration
Mark Toner
Michael McCarthy
Petrus Stephanus Buys
Ram Chandra Saraf
Robert Friedland
Samuel D. Tweah Jr
Sapan Gupta
Signature Litigation
Solway Investment Group
Solway Mining
Sylvester Grigsby
Trafigura
United Nations
United Nations Commission on International Trade Law

Liberia
Last-chance negotiations between Monrovia and Solway mining group

The Swiss group is trying to negotiate a compensation agreement with the Liberian authorities for the loss of its mining permit. In the meantime, it is pursuing its arbitration case, leaving Liberia faced with the threat of having to pay out several hundred million dollars.

Subscribers only Mining 21.10.2024

Congo, Liberia
Sassou-Nguesso called on to mediate between Boakai and Weah

Liberia's Joseph Boakai has solicited his Congolese counterpart Denis Sassou-Nguesso to help him turn around his deteriorating relations with his predecessor George Weah.

Subscribers only Diplomacy 10.09.2024

Liberia
Joseph Boakai struggles to resolve dispute between Solway Mining and ArcelorMittal

Switzerland's Solway Investment Group, whose mining licence was transferred to ArcelorMittal without its knowledge, wants Liberia to pay $50m compensation to end legal proceedings against Monrovia in London.

Free access Mining, Politics 30.07.2024

Liberian President Joseph Boakai on 4 June 2024.

Liberia
Boakai administration brokers iron ore deal between Solway and Arcelor

The Swiss mining and metals group is ready to pull out of Liberia by accepting a deal over its iron ore deposit there, which was reallocated to ArcelorMittal. The transfer occurred during George Weah's presidency and exposed his successor to potentially fraught arbitration.

Subscribers only Mining 24.05.2024

Angola
Lobito Corridor rare earths capture London's interest

The British government hopes that other companies will follow in the footsteps of the Pensana mining group, which is building Angola's first rare earth mine through one of its subsidiaries.

Subscribers only Infrastructure, Mining 23.05.2024

Spotlight | Guinea, Liberia
Mining magnate Robert Friedland's fall from favour in Guinea and Liberia

The North American tycoon no longer has privileged access to presidential palaces in West Africa, and his ambitious projects have been sidelined. Guinea junta leader Mamadi Doumbouya and President Joseph Boakai of Liberia no longer believe in his plans.

Subscribers only Mining 14.05.2024

Robert Friedland during the CRU's World Copper Conference in Santiago, Chile, 9 April 2019.

Liberia
Weah-era ministers baulk at special criminal court project

The plan to set up a special criminal court, championed by the new President Joseph Boakai, is sparking tensions in Monrovia. Weah returned to Monrovia in early March in an attempt to calm his cohorts.

Subscribers only Finance, Politics 15.03.2024

Guinea, Liberia
Billionaire Robert Friedland in Monrovia to talk railway access with Joseph Boakai

The US-Canadian mining magnate is to meet with Liberia's new president. The main topic of discussion will be access to the railway linking the Nimba mining area to the port of Buchanan. But ArcelorMittal remains eager to retain the monopoly it has on that strategic route.

Subscribers only Mining, Diplomacy 09.02.2024

Joseph Boakai addresses the joint chambers of the National Legislature in Monrovia, Liberia, on 29 January 2024.

Inner circles | Liberia
Boakai draws on Sirleaf-era talent to form government

The new Liberian leader is surrounding himself by colleagues he previously worked with as vice president. He is also having to deal with the influence of former warlord Prince Johnson, who is causing tension within the presidential party.

Subscribers only Mining, Politics, Diplomacy 26.01.2024

Joseph Boakai at his inauguration on 24 January 2024.

Angola, DRC
Ivanhoe Mines in pole position on Lobito corridor railway

Robert Friedland's group managed to transport its copper via the Angolan port of Lobito late last month. It has thus won its logistical gamble and is one step ahead of its competitors.

Subscribers only Infrastructure, Mining, Commodity traders 22.01.2024

Liberia
Mining magnates and lobbyists jockey for position ahead of presidential handover

With George Weah due to make way for Joseph Boakai, ArcelorMittal and Robert Friedland are busy. Both have a major interest in the rail corridor between the Nimba mining area and the port of Buchanan.

Subscribers only Mining, Diplomacy 04.01.2024

Spotlight | Angola, Congo, DRC
Swiss prosecute Trafigura for 'bribing' Angolan officials

In a first for Switzerland, the commodities trading giant and two of its former executives, Mike Wainwright and Thierry Plojoux, are to stand trial for allegedly bribing foreign officials.

Subscribers only Energy, Commodity traders 22.12.2023

Liberia
US banks on Boakai to let miners use railway monopolised by ArcelorMittal

President George Weah failed to break ArcelorMittal's monopoly on the rail line linking Liberia's mining region to the port of Buchanan. A US consultancy is now hoping to carry out a study on the state of the strategic railway, which is destined to become "multi-user".

Subscribers only Mining 19.12.2023

The newly elected Liberian president, Joseph Boakai.

Liberia
Robert Friedland seeks to schmooze president-elect Boakai

Robert Friedland is due to meet Liberia's new president in the next few weeks in the United States. The mining tycoon, reassured by the change of government, has made new acquisitions and hopes to gain access to the railway linking the Nimba mining area to the port of Buchanan.

Subscribers only Mining 11.12.2023

Liberia
Weah faces arbitration threat from Solway over ArcelorMittal deal

Solway Investment Group has told the Liberian president to either provide compensation after a secret deal that handed its iron ore mining licence to ArcelorMittal, or face arbitration that could cost the state $2bn.

Subscribers only Mining 18.10.2023

Liberia
Details of Liberia's secret deal with ArcelorMittal revealed

Africa Intelligence has gained access to the confidential deal which gives the global steel giant a virtual monopoly on iron ore in Liberia at the expense of Solway Mining.

Subscribers only Mining 06.10.2023

Set up email notifications for these topics

Liberia
Alford Boima Morgan
ArcelorMittal
ArcelorMittal Holdings A.G
ArcelorMittal Liberia
ArcelorMittal Liberia Holdings
ArcelorMittal Ltd
Benedict Sannoh
Bronwyn Barnes
Congress for Democratic Change
Frank Musa Dean
George Weah
Gesler E. Murray
High Power Exploration
Hogan Lovells
Ivanhoe Mines
Jeremy Weir
Joseph Boakai
Jozephus Coenen
Linda Thomas-Greenfield
London Court of International Arbitration
Mark Toner
Michael McCarthy
Petrus Stephanus Buys
Ram Chandra Saraf
Robert Friedland
Samuel D. Tweah Jr
Sapan Gupta
Signature Litigation
Solway Investment Group
Solway Mining
Sylvester Grigsby
Trafigura
United Nations
United Nations Commission on International Trade Law

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Senegal
Guns and oil drive Russia's Dakar courtship

Botswana, South Africa
From Gaborone to Antwerp, is De Beers's empire on the rocks?

Liberia
Facing numerous hurdles, miners Solway and HPX look to Joseph Boakai for help

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Set up email notifications for these topics

Liberia
Last-chance negotiations between Monrovia and Solway mining group

Congo, Liberia
Sassou-Nguesso called on to mediate between Boakai and Weah

Liberia
Joseph Boakai struggles to resolve dispute between Solway Mining and ArcelorMittal

Liberia
Boakai administration brokers iron ore deal between Solway and Arcelor

Angola
Lobito Corridor rare earths capture London's interest

Spotlight | Guinea, Liberia
Mining magnate Robert Friedland's fall from favour in Guinea and Liberia

Liberia
Weah-era ministers baulk at special criminal court project

Guinea, Liberia
Billionaire Robert Friedland in Monrovia to talk railway access with Joseph Boakai

Inner circles | Liberia
Boakai draws on Sirleaf-era talent to form government

Angola, DRC
Ivanhoe Mines in pole position on Lobito corridor railway

Liberia
Mining magnates and lobbyists jockey for position ahead of presidential handover

Spotlight | Angola, Congo, DRC
Swiss prosecute Trafigura for 'bribing' Angolan officials

Liberia
US banks on Boakai to let miners use railway monopolised by ArcelorMittal

Liberia
Robert Friedland seeks to schmooze president-elect Boakai

Liberia
Weah faces arbitration threat from Solway over ArcelorMittal deal

Liberia
Details of Liberia's secret deal with ArcelorMittal revealed

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About Africa Intelligence

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Africa Intelligence on social media

Indigo Publications' websites

About Africa Intelligence

Subscription

Indigo Publications' websites

Senegal Guns and oil drive Russia's Dakar courtship

Botswana, South Africa From Gaborone to Antwerp, is De Beers's empire on the rocks?

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East Africa's hotly contested coffee sector

The generals waging war from Khartoum to Darfur

Liberia Facing numerous hurdles, miners Solway and HPX look to Joseph Boakai for help

This article may be accessed by subscribers

Do you want a free trial before subscribing?

Create your free account

create a free account

Set up email notifications for these topics

Liberia Last-chance negotiations between Monrovia and Solway mining group

Congo, Liberia Sassou-Nguesso called on to mediate between Boakai and Weah

Liberia Joseph Boakai struggles to resolve dispute between Solway Mining and ArcelorMittal

Liberia Boakai administration brokers iron ore deal between Solway and Arcelor

Angola Lobito Corridor rare earths capture London's interest

Spotlight | Guinea, Liberia Mining magnate Robert Friedland's fall from favour in Guinea and Liberia

Liberia Weah-era ministers baulk at special criminal court project

Guinea, Liberia Billionaire Robert Friedland in Monrovia to talk railway access with Joseph Boakai

Inner circles | Liberia Boakai draws on Sirleaf-era talent to form government

Angola, DRC Ivanhoe Mines in pole position on Lobito corridor railway

Liberia Mining magnates and lobbyists jockey for position ahead of presidential handover

Spotlight | Angola, Congo, DRC Swiss prosecute Trafigura for 'bribing' Angolan officials

Liberia US banks on Boakai to let miners use railway monopolised by ArcelorMittal

Liberia Robert Friedland seeks to schmooze president-elect Boakai

Liberia Weah faces arbitration threat from Solway over ArcelorMittal deal

Liberia Details of Liberia's secret deal with ArcelorMittal revealed

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Senegal
Guns and oil drive Russia's Dakar courtship

Botswana, South Africa
From Gaborone to Antwerp, is De Beers's empire on the rocks?

Liberia
Facing numerous hurdles, miners Solway and HPX look to Joseph Boakai for help

Liberia
Last-chance negotiations between Monrovia and Solway mining group

Congo, Liberia
Sassou-Nguesso called on to mediate between Boakai and Weah

Liberia
Joseph Boakai struggles to resolve dispute between Solway Mining and ArcelorMittal

Liberia
Boakai administration brokers iron ore deal between Solway and Arcelor

Angola
Lobito Corridor rare earths capture London's interest

Spotlight | Guinea, Liberia
Mining magnate Robert Friedland's fall from favour in Guinea and Liberia

Liberia
Weah-era ministers baulk at special criminal court project

Guinea, Liberia
Billionaire Robert Friedland in Monrovia to talk railway access with Joseph Boakai

Inner circles | Liberia
Boakai draws on Sirleaf-era talent to form government

Angola, DRC
Ivanhoe Mines in pole position on Lobito corridor railway

Liberia
Mining magnates and lobbyists jockey for position ahead of presidential handover

Spotlight | Angola, Congo, DRC
Swiss prosecute Trafigura for 'bribing' Angolan officials

Liberia
US banks on Boakai to let miners use railway monopolised by ArcelorMittal

Liberia
Robert Friedland seeks to schmooze president-elect Boakai

Liberia
Weah faces arbitration threat from Solway over ArcelorMittal deal

Liberia
Details of Liberia's secret deal with ArcelorMittal revealed