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ClevelandCliffs Inc. (NYSE: CLF) is pleased to announce today that it has entered into a definitive agreement for the sale of substantially all of the assets of its Asia Pacific Iron Ore business to Mineral Resources Limited, a leading Australian mining services company with a portfolio of existing mining operations across multiple commodities, including iron ore.
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Founded in 1847, ClevelandCliffs Inc. is the largest and oldest independent iron ore mining company in the United States. We are a major supplier of iron ore pellets to the North American steel industry from our mines and pellet plants loed in Michigan and Minnesota.
Clarke — owner of Kissito Healthcare in Roanoke, Va., ERP Compliant Fuels and now ERP Iron Ore — brokered the deal to acquire Magnetation's nowidled plants in Keewatin, Bovey and Grand Rapids that turn leftover mining waste .
Iron ore prices were flat over the quarter. ... The company recently confirmed the sale of its 40 percent stake in the world's secondbiggest copper mine, Grasberg, for .
Sale of Magnetation to new owner ERP Iron Ore closes. ... secured to buy the iron ore concentrate that the company recovers from old iron ore mining operations. ... less clear for the Bovey plant ...
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Rio's Australian iron ore shipments totaled million tonnes in the quarter ended June 30, compared with million tonnes a year ago, the company said in a statement. UBS had expected iron ore shipments to rise 14 percent .