Grand Bassa County is on the brink of a transformative economic breakthrough as Senator Gbehzohngar Findley announced the imminent finalization of a major deal to develop the county’s iron ore tailings in Barconie, Buchanan.
The project is anticipated to inject an estimated US$30 to US$40 million into the county, sparking hope for widespread economic growth.
While the name of the company spearheading the initiative remains undisclosed, Senator Findley assured residents that the deal has been meticulously reviewed to ensure it aligns with the county’s best interests. “This agreement represents a significant step forward for Grand Bassa,” he stated, emphasizing the project’s potential to create hundreds of jobs and stimulate local development.
A key component of the deal is the construction of a cutting-edge 300 tons per hour (TPH) iron ore beneficiation plant, set to begin next month.
This facility will process iron ore tailings, boosting production capacity and adding value to the region’s raw materials.
The project is expected to establish Grand Bassa as a critical hub for mining activity in Liberia, contributing to the country’s efforts to strengthen its mining sector.
Local leaders are optimistic about the project’s potential to drive sustainable development in the region.
The beautification plant is expected to not only generate substantial revenue but also create hundreds of jobs, offering new opportunities for residents and reducing unemployment in the area.
Beyond its local impact, the project is poised to bolster Liberia’s position in the global mining market.
By enhancing infrastructure and adding value to raw materials, it aims to make the country a more competitive player on the international stage. Industry experts view the deal as a strategic move to modernize Liberia’s mining sector, fostering long-term economic stability.
With millions of dollars in potential revenue, hundreds of job opportunities, and a pathway to economic diversification, the deal marks a significant milestone in the history of Grand Bassa County.
Residents and officials alike are hopeful that this project will pave the way for a brighter, more prosperous future.
