Cleveland Cliffs acquires ArcelorMittal USA

Cleveland Cliffs becomes North America’s largest producer of iron ore and flat-rolled steel after acquiring the assets of ArcelorMittal USA. Reuters reported over the weekend that ArcelorMittal and Cleveland Cliffs were negotiating an asset merger that would dramatically affect the taconite industry on Minnesota’s Mesabi Iron Range. The deal merges ArcelorMittal’s American operations with those… Read More →

Cleveland Cliffs idles Northshore Mine until Aug. 15

Cleveland Cliffs announced today it would idle its Northshore Mining operations in Babbitt and Silver Bay until at least Aug. 15. This becomes the first mine shutdown announced since the economic recession caused by COVID-19. Cliffs will also shutter its Tilden Mine in Michigan’s Upper Peninsula. Cliffs recently completed its takeover of AK Steel, but… Read More →

Cleveland Cliffs acquires AK Steel

Iron ore producer Cleveland Cliffs acquired AK Steel in a deal announced today. It’s a seismic transaction that could have long-term implications for the Mesabi Iron Range. Cliffs will use its stock to buy $1.1 billion worth of AK Steel stock, assuming about 68 percent ownership of the Ohio-based company. Cliffs CEO Lourenco Goncalves will… Read More →

Cliffs vows ore for Hibbing Taconite, plans for Nashwauk

Cleveland-Cliffs CEO Lourenco Goncalves still wants to mine iron ore near Nashwauk. He vows that Hibbing Taconite will always have enough ore from his company, if they need it. Further he says Northshore Mining continues to make progress with direct-reduced iron products. Finally, he predicts smooth contract negotiations between his company and the United Steelworkers…. Read More →

Union works past deadline, but prepares for strike

All the mines on Minnesota’s Mesabi Iron Range run hot today, despite the expiration of labor contracts at facilities owned by U.S. Steel and ArcelorMittal last night. The United Steelworkers of America agreed to stay on the job while negotiations continue. The union represents workers at mines and mills throughout the North American steel industry…. Read More →

United Steelworkers to rally Thursday over contract talks

On Thursday, Aug. 30, members and supporters of the United Steelworkers will hold rallies and demonstrations across the Mesabi Iron Range. They seek to bring attention to the union’s ongoing impasse with major steelmakers over a new labor contract. This story highlights a critical moment in the economic recovery that reached the Iron Range in 2016,… Read More →

Science can solve mining risks, but only if we demand it

As a nerd who grew up on an Iron Range junkyard, I appreciate anything that combines groundbreaking science with homemade contraptions. That’s why I’m fascinated by a daisy chain of unobtrusive barrels floating in an old Erie Mining pit outside Babbitt, Minnesota. They may save our world. Jeff Hanson put them there. Hanson is an… Read More →

Make or break moment for Iron Range mining projects

I’m part of a tortured, high-strung group of people who receive regular e-mail and social media updates about the mining business. It’s part of my duty to better understand the industry that shapes Iron Range history and its current economy. And in recent months the news has been far less depressing than usual. For instance,… Read More →

What’s in a name? Cleveland-Cliffs is back

Cliffs Natural Resources is now Cleveland-Cliffs. That means that the grand old man of American iron mining now wears his old duds. Lourenco Goncalves , Chairman, President and Chief Executive Officer, said, “The historical name Cleveland-Cliffs is synonymous with our strong heritage, and is the perfect one for our next era of growth. As we did… Read More →

Northshore Mining back to work early

Northshore Mining has called back workers early to reopen production of taconite at its Babbitt Mine and Silver Bay processing facility. The mine had previously announced it would reopen in mid- to late-May, but is ahead of schedule. WDIO reported on the news when U.S. Sen. Amy Klobuchar (D-MN) made the announcement after a tour of… Read More →