Business is booming.

US mulls investment in Liberia’s critical minerals sector

 

By Obiabin Onukwugha

The United States of America is eyeing investment in Liberia’s critical minerals sector. This follows a meeting between the U.S. Secretary of State, Marco Rubio, and Liberian Foreign Minister, Sara Nyanti, to discussed avenues for expanding U.S. participation in the sector.

Liberia is rapidly gaining recognition as an emerging hub for critical battery minerals, particularly lithium, cobalt, nickel, and copper, elements essential to the global clean energy transition.

A statement by US State Department spokesperson, Tommy Pigott, at the weekend revealed that the meeting explored avenues for expanding U.S. participation in Liberia’s critical minerals sector with the aim of creating jobs and economic growth in both the United States and Liberia.

“Secretary of State Marco Rubio met with Liberian Foreign Minister Sara Beysolow Nyanti in Washington, D.C. yesterday to discuss deepening U.S.-Liberia bilateral relations and expanding U.S. commercial engagement in Liberia.

“The meeting explored avenues for expanding U.S. participation in Liberia’s critical minerals sector with the aim of creating jobs and economic growth in both the United States and Liberia.

“The Secretary praised the ongoing efforts of the Millennium Challenge Corporation to develop U.S.-friendly infrastructure projects.  The two also discussed the shared challenge migration poses and how both countries can work closer together on this issue,” the statement read.

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