Cliffs Natural Resources officials said Wednesday the company has been testing new, direct-reduced iron taconite pellets at two of its Minnesota plants -- Northshore Mining in Silver Bay and United ...
The iron ore market is set to double by 2031, driven by high-grade pellets, DRI growth, autonomous fleets, and digital beneficiation. Iron ore mining is evolving integrating autonomous haulage, ...
A robust economic project with an after-tax IRR of 25%. Ability to generate US$173 million of annual EBITDA assuming a US$70/t DR grade pellet premium. An initial capital cost of US$470 million to ...
Brazil-based iron mining firm Samarco has approved a five-year extension with Nucor Corp., Charlotte, North Carolina, to supply direct-reduced iron (DRI) pellets to the electric arc furnace (EAF) ...