ArcelorMittal and BHP Billiton terminate discussions to combine assets in Africa

The companies were unable to reach a commercial agreement.

ArcelorMittal will continue to develop its operations and iron ore interests in Liberia independently and is excited by the potential of this business. The first phase of the project is under construction with Direct Shipping Ore (DSO) production expected in the second half of 2011.

Source: ArcelorMittal