Shut Down At Hibbing Taconite Extended

Tools

Shut Down At Hibbing Taconite Extended

By KBJR News 1

Story Published: Jul 2, 2009 at 9:08 AM CST

Story Updated: Jul 2, 2009 at 9:08 AM CST

Cliffs Natural Resources Inc. announced Thursday that they will extend their shut down at Hibbing Taconite.

Cliffs has indicated that the owners of the Hibbing Taconite Joint Venture in Minnesota have made the decision to extend the plant’s current shutdown status through the first quarter of 2010 as a result of continuing soft demand for iron ore pellets.

The facility was originally shut down in May 2009, following an idling of two of Hibbing’s three pelletizing furnaces in March 2009.

The initial shutdown had been expected to last 15 weeks.

Hibbing Taconite has the rated capacity of 8.0 million tons per year and employs approximately 700 people when operating at full capacity.

Add a comment

Name:

Comment: 500 Characters Left

Northland's NewsCenter: News, Weather, Sports and its affiliated companies are not responsible for the content of comments posted or for anything arising out of use of the above comments or other interaction among the users. We reserve the right to screen, refuse to post, remove or edit user-generated content at any time and for any or no reason in our absolute and sole discretion without prior notice, although we have no duty to do so or to monitor any Public Forum.

More Good Stuff

Weather

Icon
Current Temp 30.0 °F
Fog/Mist
Wind : South at 5.8 MPH (5 KT)
Humidity : 88 %
Pressure : 1017.8 mb
More Weather

On Demand

YouNews

This content requires the latest Adobe Flash Player and a browser with JavaScript enabled. Click here for a free download of the latest Adobe Flash Player.

Stock Quotes
Local Business Dir