ArcelorMittal, the world’s largest steel producer, has warned Bosnia’s authorities it is ready to take legal action to protect its ownership rights if a government-owned stake in the Ljubija iron-ore mine is sold to a rival bidder, the company said on Monday.
ArcelorMittal owns a steel plant in the central Bosnian town of Zenica, where it processes iron-ore from the mines it owns in Prijedor in the north of the country.
