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ArcelorMittal and BHP Billiton Look to Combine Iron Ore Interests in Liberia and Guinea

ArcelorMittal announces it has entered into initial discussions with BHP Billiton to potentially combine our respective iron ore mining and infrastructure interests in Liberia and Guinea within a joint venture. The iron ore interests of the two companies in Liberia and in Guinea are proximate and could be significantly more competitive if brought together in a combined operation.

The parties will be working together over the coming months to assess the merits of a partnership and will also work closely with the governments involved.

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