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United States
Minorca Mine

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 Location:
4 km NE from Virginia, Minnesota, United States

  Address:
5950 Old Highway 53 N
Virginia
Minnesota, United States
55792
Phone  ...  Subscription required
WebsiteWeb
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  • Overview
  • Owners
  • Geology
  • Mining
  • Processing
  • Production
  • Reserves
  • Personnel
  • Filings & News

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Overview

StageProduction
Mine TypeOpen Pit
Commodities
  • Iron Ore
Mining Method
  • Truck & Shovel / Loader
Processing
  • Magnetic separation
  • Rotary kiln & Electric furnace
Mine Life15 years (as of Jan 1, 2019)
Latest NewsArcelorMittal completes sale of ArcelorMittal USA to Cleveland-Cliffs     December 9, 2020


Owners

Source:
CompanyInterestOwnership
Cleveland-Cliffs Inc. 100 % Indirect
ArcelorMittal USA operates an iron ore mine through its wholly-owned subsidiary ArcelorMittal Minorca and owns a majority stake in Hibbing Taconite Company, which is managed by Cliffs Natural Resources.

On December 9, 2020, ArcelorMittal announced the sale of ArcelorMittal USA to Cleveland-Cliffs.

Deposit Type

  • Sedimentary


Summary:

Both the Minorca and Hibbing mines are located in the Mesabi iron range where iron ore has been extracted for over 100 years. The ore bodies are within the Biwabik Iron Formation, a series of shallow dipping Precambrian sedimentary rocks known as taconite with a total thickness in excess of 200 meters and running for approximately 200 kilometers. Although the first deposits mined in the Mesabi iron range consisted of oxidized hematite ores, production was shortened in the mid-1950 to low grade magnetic taconite ores


Mining Methods

  • Truck & Shovel / Loader


Summary:

Minorca operates a concentrating and pelletizing facility, along with two open pit iron ore mines - Laurentian, and East Pits - located 12 kilometers from the processing facilities.


Crushing and Grinding


Processing

  • Magnetic separation
  • Rotary kiln & Electric furnace

Source: Subscription required

Summary:

ArcelorMittal Minorca operates a concentrating and pelletizing facility, along with two open pit iron ore mines – Laurentian and East Pits located 12 kilometers from the processing facilities. The processing operations consist of a crushing facility, a three-line concentration facility and a single-line straight grate pelletizing plant. Pellets are transported by rail to ports on Lake Superior.


Production:

CommodityUnits2019201820172016201520142013
Iron Ore Mt  ......  Subscription required8.62.92.82.72.72.9
All production numbers are expressed as pellets.
Subscription required - Subscription is required.

Operational Metrics:

Metrics2017
Annual mining capacity 18 M tons
Plant annual capacity 2.8 M tons of iron ore pellets

Reserves at December 31, 2018:

CategoryTonnage CommodityGrade
Proven 97 Mt Iron Ore 23.5 %
Probable 4 Mt Iron Ore 22.7 %
Proven & Probable 101 Mt Iron Ore 23.5 %
Measured & Indicated 339 Mt Iron Ore 22.3 %
Inferred 7 Mt Iron Ore 22.2 %


Heavy Mobile Equipment:

Subscription required - Subscription is required.

Staff:

EmployeesYear
Subscription required 2020
Subscription required 2017
Subscription required 2015

Corporate Filings & Presentations:

DocumentYear
................................... Subscription required 2020
................................... Subscription required 2020
................................... Subscription required 2019
................................... Subscription required 2019
Annual Report 2018
Fact Sheet 2018
Fact Sheet 2018
Annual Report 2017
Annual Report 2016
Fact Sheet 2016
Annual Report 2015
Annual Report 2015
Form 20-F 2015
Subscription required - Subscription is required.

News:

NewsDate
ArcelorMittal completes sale of ArcelorMittal USA to Cleveland-Cliffs December 9, 2020
Cleveland-Cliffs Inc. to Acquire ArcelorMittal USA September 28, 2020

Aerial view:

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