CCI to invest $500M for increased production at Empire and Tilden Mines
July 14, 08 by TheFleetIf you're new here, you may want to subscribe to our RSS feed. Thanks for visiting!
By CHRISTOPHER DIEM | Source: Mining Journal
Cleveland Cliffs Inc. will invest $500 million dollars to increase pellet production at the Empire and Tilden mines - adding 375 new employees and extending the life of the Empire Mine until 2018.
Continued operations at the Empire Mine, which faced potential closure in 2011, will protect 550 current jobs. In addition, production at the Tilden Mine will be maximized, resulting in an annual pellet production capacity of about 13 million tons next year.
