Liberia boasts rich mineral deposits, including Iron Ore, Gold, and Diamonds, which significantly contribute to its GDP. Iron Ore and Gold are mined industrially, while diamonds are mostly extracted through artisanal and small-scale mining (ASM). The government issues Kimberly Process Origin Certificates for legal diamond exports. In spite of the global drop in Iron Ore prices, mining accounted for 27% of Liberia’s export earnings in 2022. ArcelorMittal, a key major investor, operates infrastructure, including a 243-kilometre rail line.
The key Mineral Resources of Liberia are:
- Iron Ore.
- Gold.
- Diamonds.
For further details about the mining industry, read this article.