Cleveland-Cliffs is a minority, non-managing partner in Hibbing Taconite. Hibbing Taconite (HTC) began production in 1976 and made its initial shipment in January of 1977. Hibbing Taconite is owned by ArcelorMittal (62.3%), Cleveland-Cliffs (23%) and US Steel (14.7%).
Hibbing operations consist of an open pit truck and shovel mine, a concentrator that utilizes single stage crushing, autogenous mills and magnetic separation to produce a magnetite concentrate, which is then delivered to an on-site pellet plant. From the site, pellets are transported by BNSF rail to a ship loading port at Superior, Wisconsin.
Hibbing Taconite operates an Environmental Management System in compliance with ISO 14011:2015 requirements.