Cleveland Cliffs’ Brake named Renewafuel Chairman
June 17, 08 by TheFleetIf you're new here, you may want to subscribe to our RSS feed. Thanks for visiting!
Source: CCI
CLEVELAND - Cleveland-Cliffs Inc has announced that William Brake, Cliffs’ executive vice president—Cliffs Metallics and chief technical officer, has been named chairman of Renewafuel, LLC, effective immediately.
Cliffs acquired controlling interest in Renewafuel in late 2007 and, earlier this month, announced the planned construction of a 150,000 ton per annum facility in Marquette, Mich. The facility will produce high-energy, low-emission biofuel cubes made from renewable and consistently available components such as corn stalks, switch grass, grains, soybean and oat hulls, wood and wood byproducts. The biofuel will be used in Cliffs’ iron ore mining and processing operations as well as in other industries in Minnesota, Michigan and other Midwest states. Production is scheduled to begin in 2009.
