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Vol 47 No 25

Published 15th December 2006


Liberia

Testing Mittal's steel

In its last days, Charles Gyude Bryant’s National Transitional Government of Liberia (NTGL) signed a US$900 million, 25-year deal with the world’s largest steel company, British-registered, Indian-owned and managed Mittal Steel. That was in August 2005. On taking power in January, President Ellen Johnson-Sirleaf decided to re-evaluate all NTGL contracts, focusing on the giants, Mittal and Firestone. Negotiations with Mittal began in September and concluded on 12 December in New York.

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