[ad_1]
ArcelorMittal Liberia (AML) is set to bolster Liberia’s mining sector with an important expansion of its locomotive and wagon fleet. The aim is to increase transport capacity for iron ore and drive broader economic benefits across the nation.
Currently, AML operates a fleet of 410 gondola wagons, dedicated to transporting iron ore from its extraction site in Yekepa, Nimba County, to the port of Buchanan, Grand Bassa County–a journey spanning 243 kilometers.
The fleet expansion signals a large infrastructure boost for Liberia’s mining sector. Not only does it improve the efficiency of AML’s operations, but it also sets a foundation for increased revenue generation, job creation, and a more resilient economy. Experts suggest this will further support Liberia’s long-term economic stability, providing direct and indirect employment and reinforcing the country’s critical export capacity.
In addition to its wagon expansion, AML has invested heavily in upgrading its locomotive fleet to support these additional transport loads. The company now operates 13 ES44AC locomotives manufactured by the U.S.-based Wabtec Corporation. These advanced mainline locomotives, known for their robust 4,400-horsepower engines, are well-suited to handling the heavy iron ore loads. Equipped with AC traction systems and state-of-the-art electronic technologies, they promise high reliability and efficiency, which is crucial for long-haul mining transport. Two additional Dash 8 locomotives support shunting operations, streamlining loading and unloading procedures at AML’s facilities.
Sign up for free AllAfrica Newsletters
Get the latest in African news delivered straight to your inbox
As part of AML’s broader ramp-up strategy under its Mineral Development Agreement (MDA) with the Liberian government, these upgrades are essential to meet increasing production goals. Since acquiring operational rights to the Yekepa-Buchanan railway, AML has spent more than $800 million on restoring and modernizing the rail line, which suffered from significant damage during Liberia’s civil conflicts. The recent expansion represents not only a physical infrastructure upgrade but also an important commitment to Liberia’s economic recovery and development.
Industry observers note that AML’s investment could also enhance Liberia’s appeal as a destination for further foreign direct investment in mining and industrial sectors. With improved rail infrastructure, Liberia is better positioned to attract international partners, strengthening its standing in the regional and global mining industry.
This new set of development also aligns with Liberia’s broader national development goals, particularly in promoting sustainable economic growth through resource management and infrastructure investment. By improving rail logistics and ensuring consistent ore transport, AML’s investment contributes to a more dependable mining export framework, which could yield long-term benefits for local industries and communities.
Through this major fleet expansion, AML is reinforcing its commitment to Liberia’s economic future. For Liberia, an improved rail transport system marks a critical advancement in maximizing its rich iron ore resources, supporting job creation, and boosting national revenues–all steps toward long-term economic stability and growth.
[ad_2]
Source link
