Why Arcelormittal’s Expansion Deal Was Rejected?…..Legislative Committee Gives Reasons
The joint legislative committee of the 54th Legislature rejected the ratification of a 25 year renewal of Arcelormittal’s Concession Agreement on grounds that the company contravenes the Mining Law of 2000. The joint committee in their 2023 report indicated that the previous Mineral Development Agreement according to Article 1(1.7); Article IV (2) defines AML’s concession…
