ArcelorMittal Liberia On Track to Ship 4.5 Million Tonnes of Iron Ore This Year
08/15/2013 - ArcelorMittal Liberia shipped 3 million tonnes of iron ore between 1 January and 8 August 2013, almost doubling last year’s figures for the same period.
The most recent monthly shipments figures, for July 2013, show production tripled last month compared with July 2012.
“We shipped out 516,000 tonnes of iron ore in July 2013, compared with 175,138 tonnes in the previous Julym” said the company’s spokesperson Hesta Baker-Pearson.
Due to improvements that are being implemented in ArcelorMittal Liberia, 3 million tonnes have already been shipped in 2013. While ArcelorMittal Liberia’s goal is to produce 4 million tonnes of iron ore each year during the direct shipped ore (DSO) project, the company is now on track to produce 4.5 million tonnes in 2013.
The first shipment of iron ore left Liberian shores on 27 September 2011. In less than two years, CEO Antonio Carlos Maria said “the company has proven to be sustainable and has the ability to do much more.”
Between January 1 and August 12 2012, the company shipped 1,896,000 tonnes of iron ore. Challenged by heavy rains, ArcelorMittal Liberia sought answers to help mitigate the effects of the rainy season on operations. While Liberia also experienced heavy rains in July 2013, the production rate tripled year-on-year. “We are in the process of implementing a polymer blending facility which will assist in mitigating the potential risks associated with high moisture content in iron ore, thereby solving major shipping concerns during the rainy months,” said ArcelorMittal Liberia port manager Jim Page.
The CEO of ArcelorMittal Liberia pointed to the workers as the success of the company: “great teamwork from operations, support staff, contractors, daily hires and the communities are the reason for the great results” he said.
In 2013, another major contributor towards reaching the company’s targets was the ability to carry out transshipments in the dry season. During transshipment, a smaller vessel is loaded for three or four rotations, transferring up to 60,000 tonnes of ore to Cape-size ocean going vessels of up to 200,000 tonnes. These then transport the ore to customers in Europe and China. “We have already hit 3 million tonnes and are not yet not in Q4 yet, so we are above our target. We are loading vessels at approximately 20,000 tonnes a day” added port manager Jim Page.
The company is currently implementing phase two of its iron ore operations, when ArcelorMittal Liberia will begin ramping production up to 15 million tonnes a year by 2015.
