Asset Report
United iron ore mine
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
United is a surface mine owned and operated by Cleveland-Cliffs located in Minnesota's Mesabi Iron Range, near the city of Eveleth. Output from the operation is a 65%-Fe pellet product which is transferred to Cliffs' steel mills. In September 2020, Cleveland-Cliffs acquired ArcelorMittal’s operations in the US for approximately US$1.4 billion. Prior to that, in December 2019, Cliffs had purchased AK Steel for US$1.1 billion. Both acquisitions not only give rise to US' largest flats producer, but are also poised to fundamentally change pellet price systems within the new conglomerate. Unlike other Cliffs iron ore operations, United's output remained strong in 2022 and 2023, achieving 5 Mt and 5.1 Mt, respectively.
Table of contents
- Summary
- Key issues
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Emissions
- Economic assumptions
Tables and charts
This report includes the following images and tables:
- United Emission Intensity Quartile Ranking - total global production - tonnes of ore
- Detail Map
- Participation
- Marketable reserves (at 01/01/22)
- Production
- Production
- Operations
- Infrastructure
- Cash cost
- Cash cost
- Capital cost
- Product quality
- 1 more item(s)...
What's included
This report contains:
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