Stuck in the Mittal

A race between two brothers for a mammoth ore contract stirs political interest

The world's largest steel producer, Indian-owned Mittal Steel, claims it has won the concession to develop Liberia's iron ore mines in return for an investment package of US$900 million. In negotiations plagued by political controversy and lawsuits, Mittal Steel, run by London-based Lakshmi Mittal, beat several rivals to the deal - including Global Infrastructure Holdings Limited, which is run by Lakshmi's younger brother Pramod Mittal - as well as Rio Tinto, BHP Billiton and the Shandong International Trading group.

Article Tags:
Indian, Lakshmi Mittal, Pramod Mittal, Gyude Bryant, All roads lead to Nimba, Samuel Doe, Charles Taylor, Guinea, Nigerian, American, John Blaney, Jonathan Mason, Francis Galawolo, Sierra Leone, Peanut butter protection, Adolphus Dolo, George Weah, Mulbah Willie, Albert Chie, Kazakhstan

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