Liberia’s EPA has enforced the closure of China Union’s Bong Mines operations as a consequence of a number of environmental regulation breaches, reported Reuters.
The shutdown was introduced following the corporate’s failure to deal with the violations flagged by the regulator in June this 12 months.
Situated roughly 150km north-east of Monrovia, Bong Mines was taken over by China Union in 2008 with an funding of $2.6bn (HK$21.83bn).
The mine, which made its first iron ore cargo in 2014, has been working with out an effluent discharge licence, establishing a processing plant with out the mandatory allow and discharging tailings right into a wetland space.
The EPA was cited by the information company as saying that it had issued two warnings to China Union since June 2024 and imposed fines, which the corporate didn’t reply to.
In an announcement, EPA stated: “China Union blatantly ignored the EPA warnings and continued to function with none environmental permits, persevering with its environmental degradation and air pollution.”
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The regulator stated the suspension of operations on the Bong Mines will stay in impact “till full compliance is achieved and the recognized environmental considerations are duly addressed”.
Earlier this 12 months, ANI reported that Vedanta Group, by means of its arm Western Cluster (WCL), had introduced an funding of $2bn (Rs167.69bn) in Liberia’s mining belongings.
In a press assertion, Vedanta stated: “We’re on the right track for an funding of as much as US$ 2 billion in WCL and intention to behave as a catalyst to unlock Liberia’s financial potential and empower native communities by means of growth of operation, thereby, producing quite a few employment alternatives.”