USS planning $300M expansion of Keetac Mine
Dec 15, 2009 | 08:48 AM
| Lisa Gordon
U.S. Steel Corp. is planning to boost production and at its Keewatin (Keetac) iron ore operation in Minnesota, citing increased global steel demand.
The estimated $300-million project would boost annual taconite pellet production to 9.6 million tons from 6 million tons by expanding contiguous sections of the existing open-pit mine and restarting an idled production line.
The grate kiln pellet line, which will be restarted, began operation in 1969 and has been idle since 1980.
Iron ore pellets from the proposed project, estimated to begin in 2012 or 2013, would then be transported to the producer's steel production facilities.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here