Liberia Enhances Mining Sector Ahead of African Mining Week 2026
Liberia aims to attract international investment in its mining sector, showcasing opportunities at African Mining Week 2026 in Cape Town. The country plans to nearly triple its iron ore production to 30 million tonnes annually by 2026, amidst increasing global demand.
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Liberia is intensifying its efforts to draw foreign investment in its mining sector, with a focus on iron ore, gold, and critical minerals. The nation will present a Liberia Country Showcase at African Mining Week 2026, from October 14 to 16 in Cape Town, South Africa.
Iron ore production is projected to rise to around 30 million tonnes per year by 2026. The government extended ArcelorMittal's agreement for the Tokadeh Mine until 2050, reinforcing its commitment to long-term partnerships.
Approximately 80% of Liberia's geology remains unexplored, indicating potential for future mineral discoveries. Regulatory reforms and investment incentives will be emphasized to attract global investors. The combined target for oil and mining revenues is $4.8 billion for 2026, highlighting the sector's significance in Liberia's economic strategy.
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