Deal #5458

Location #1

Spatial accuracy level
Administrative region
Location
Putu Range, Liberia

Target country
Liberia

Land area

Intended size (in ha)
18825
Size under contract (leased or purchased area, in ha)
18825
Comment on land area
18825.19ha.

Intention of investment

Intention of investment
Mining

Nature of the deal

Nature of the deal
Exploitation permit / license / concession (for mineral resources)
Comment on nature of the deal
Class A mining license

Negotiation status

Negotiation status
[2014] Concluded (Contract signed)
Comment on negotiation status
Another source states contract signed 20:09:2010

Implementation status

Implementation status
[2014] Startup phase (no production)
[2015] Project abandoned
Comment on implementation status
The project was abandoned due to the ongoing conflict between Ukraine and Russia, and due to the reduction in the price of Iron Ore on the world market.

Contract farming

Contract farming
No

Contract #1

Contract date
2014-09-20
Duration of the agreement (in years)
25

Operating company

 

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Data source #1

Data source type
Media report
File
Date
2016-01-13
Comment on data source
Liberia: Putu Mining Shuts Down Over International Crisis

Data source #2

Data source type
Other (Please specify in comment field)
File
Comment on data source
Liberia National Concession Portal

Data source #3

Data source type
Media report
File
Date
2015-04-13
Comment on data source
Liberia: Putu Iron Ore Mining Recommits to MDA

Data source #4

Data source type
Media report
File
Date
2014-07-10
Comment on data source
Steel Times International- Liberia issues mining licence for Putu iron ore project

Data source #5

Data source type
Media report
File
Date
2015-04-14
Comment on data source
Reuters Africa- Severstal needs partner to bring Liberia iron ore mine online

Data source #6

Data source type
Media report
File
Comment on data source
Mining-technology-- Putu Iron Ore Project, Liberia

Promised benefits for local communities

Promised benefits for local communities
Roads

Detailed crop, animal and mineral information

Resources area
Iron ore

Use of produce

Has export
Yes
Export
100
Country 1
Russian Federation

Water extraction envisaged

Water extraction envisaged
Yes

Feb. 1, 2018, 3:13 p.m.

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April 13, 2017, 4:36 p.m.

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