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7 Pages

United iron ore mine

United iron ore mine

Report summary

United is a surface mine in Minnesota's Mesabi Iron Range, near the city of Eveleth. The operation was previously run by United Mining Co, Ltd., which maintained a partial ownership stake in the mine until 2008, when Cliffs purchased the outstanding 30%. In August 2015, Cliffs temporarily idled the United mine as a result of reduced demand from the company's steel-producing customers. Almost a year later, in June 2016, Cliffs announced the restart of the mining facility following a new long-term commercial agreement with ArcelorMittal.

What's included?

This report includes 2 file(s)

  • United iron ore mine PDF - 317.36 KB 7 Pages, 10 Tables, 3 Figures
  • United.xls XLS - 217.50 KB

Description

This Iron Ore Metals Mine report provides a detailed analysis of the cost profile, geology, reserves and future production for this mine, as well as a detailed location map.

Iron ore producers, advisors and financial companies can use this report to better understand asset value and efficiency of the operation. It will also help you benchmark against similar mines, identify acquisition opportunities and examine evolving cost structures to strengthen business strategies.

Wood Mackenzie's cost methodology is the established global industry standard, relied on by the world’s leading investment banks and mining companies to make strategic, operational and investment decisions.

Our analysts are based in the markets they analyse, working with high-quality proprietary cost databases and cost curve analyses to write consistent and reliable insights. Our database includes over 2,450 asset analyses covering more than 1,000 companies worldwide.

  • Key facts
  • Summary and key issues
    • Summary
    • Key issues
  • Location maps
  • Participation
  • Geology
  • Reserves and resources
  • Production
  • Operations
  • Infrastructure
  • Costs
  • Sales contracts
  • Economic assumptions
    • Economic assumptions

In this report there are 13 tables or charts, including:

  • Key facts
    • Key facts: Table 1
  • Summary and key issues
  • Location maps
    • Detail Map
  • Participation
    • Participation
  • Geology
  • Reserves and resources
    • Marketable reserves (at 01/01/17)
  • Production
    • Production
    • Production
  • Operations
    • Operations
  • Infrastructure
    • Infrastructure
  • Costs
    • Cash cost
    • Cash cost
    • Capital cost
  • Sales contracts
    • Product quality
  • Economic assumptions
    • Economic assumptions: Table 1
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