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The former Cleveland Iron Mining Co. was a survivor of this shakeout, purchasing many of its competitors. One key merger in 1890, with Jeptha Wade's Cliffs Iron Company led the combined firm to change its name to the Cleveland-Cliffs Iron Company. The company invested substantially to improve the logistics of iron-ore transport.
DULUTH – Northshore Mining operations in Silver Bay and Babbitt could shut down occasionally after owner Cleveland-Cliffs said it will move its high-grade iron ore pellet production to a ...
Cleveland-Cliffs (CLF) stated that it will work down current inventory levels from Northshore and Tilden mines, and continue to ship iron ore to meet its commercial deals with steel customers.
Currently, there are six mining-processing facilities in operation on the Iron Range. Cleveland-Cliffs Inc. owns and operates Northshore Mining, which has mining operations in Babbitt and crushing, concentrating (grinding) and pelletizing operations in Silver Bay , along with United Taconite which has mining operations in Eveleth and crushing ...
In Minnesota, Two Harbors was founded and became a major iron ore port and a source of labor for the inland iron mines on the North Shore. Besides mining, fishing became the other major industry of North Shore communities. In 1885, 195 commercial fishermen lived in Duluth. Duluth fish catches increased to a peak of 10,000 tons of fish caught in ...
"I don't think Silver Bay is on anyone's radar," Anderson said of the city of almost 2,000, where Cleveland-Cliffs' Northshore Mining is based. "I think it's a fabulous little secret. People are ...
Shaded-relief image showing the Duluth Complex arcing from Duluth to Pigeon Point, interrupting and splitting the Mesabi and Gunflint Ranges. The Duluth Complex, the related Beaver Bay Complex, [1] and the associated North Shore Volcanic Group are rock formations which comprise much of the basement bedrock of the northeastern part of the U.S. state of Minnesota in central North America.
The plan to shake Cliffs Natural Resources right down to its foundations became even more hostile as the activist shareholder looking to split the mining giant in two ...