Asset Report
Hibbing iron ore mine
Report summary
Hibbing is a surface mine located in Minnesota's Mesabi Iron Range, approximately 16 kilometres north of the namesake city. The operation is jointly owned by Cleveland-Cliffs and US Steel. Hibbing produces a 65%-Fe pellet product which is either transported to affiliated blast furnaces or sold into the open market to customers in the US and Canada. In September 2020, Cleveland-Cliffs acquired almost all of ArcelorMittal USA's operations, including the latter's 62.3% ownership stake at Hibbing. Hibbing's output fell more than 14% in 2022 after an outstanding performance in 2021. However, if anything changes about permits and new leases, we foresee 2025 as the final year of production for the mine.
Table of contents
- Summary
- Key issues
-
Emissions
- Participation
Tables and charts
This report includes 13 images and tables including:
- Hibbing Emission Intensity Quartile Ranking - Total global production - Tonnes of ore
- Detail Map
- Marketable reserves (at 01/01/22)
- Production
- Production
- Operations
- Infrastructure
- Cash cost
- Cash cost
- Capital cost
- Product quality
- Economic assumptions
What's included
This report contains:
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