Asset Report
Minorca iron ore mine
Report summary
Minorca is a surface mine owned and operated by Cleveland-Cliffs located in Minnesota's Mesabi Iron Range, near the town of Virginia. The operation produces fluxed and non-fluxed pellets which we've assumed are being sold into the open market to steelmakers in the US and Canada. In September 2020, Cleveland-Cliffs acquired almost all of ArcelorMittal USA's operations for approximately US$1.4 billion, including the Minorca operation. After a production decrease in 2022, we foresee a recovery in 2023 amid a good environment of US steel market.
Table of contents
- Summary
- Key issues
-
Emissions
- Participation
- Production
- Infrastructure
- Product quality
- Economic assumptions
Tables and charts
This report includes 13 images and tables including:
- Minorca Emission Intensity Quartile Ranking - Total global production - Tonnes of Ore
- Detail Map
- Production
- Operations
- Cash cost
- Cash cost
- Capital cost
What's included
This report contains:
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