Asset Report

Minntac iron ore mine

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Minntac is a surface mine owned and operated by US Steel located in Minnesota's Mesabi Iron Range, near the city Mountain Iron. The mine is the largest iron ore operation in the US, producing pellets to US Steel's mills. We expect pellet production at Minntac to keep flat at full speed in 2024. After a 1% decline in cash costs, we expect costs to stabilise in 2024 and keep similar trend going forward.

Table of contents

  • Summary
  • Key issues

Tables and charts

This report includes the following images and tables:

  • Detail Map
  • Participation
  • Marketable reserves (at 01/01/24)
  • Production
  • Production
  • Operations
  • Infrastructure
  • Cash cost
  • Cash cost
  • Capital cost
  • Product quality
  • Economic assumptions

What's included

This report contains: