Hibbing Taconite

Hibbing Taconite is an iron ore producer that began production in 1976. The company made its first shipment to the port of Superior, Wisconsin in January, 1977.[1] It’s located in Minnesota’s Mesabi Iron Range. Currently there are 689 employees. The type of ore mined is magnetite, and in 2009, 1.7 million tons were produced.[2]
The company’s ownership shares are as follows: Cliffs- 23%; Metal Steel USA- 62.3 %; US Steel Canada- 17.7%. Cliffs Mining Company is the manager. [3]
----
[1] Cliffs Natural Resources, 2009. “Hibbing Taconite.” www.cliffsnaturalresources.com/operations. December 1, 2010.
[2] Cliffs Natural Resource, “Hibbing Taconite.”
[3] Cliffs Natural Resources, “Hibbing Taconite.
Category:Businesses