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    Cliffs Natural Resources solidified its future in the U.S. iron ore business Tuesday, announcing a 10-year deal to supply steelmaker ArcelorMittal USA with taconite ...

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    The company announced in December the plant, which can produce 6 million tons of taconite a year, would reopen after it "reached agreements to supply iron ore pellets ...

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    Taconite-pellet plants and ore-concentrating firms produced 29 million tonnes last year, down from 33 million tonnes in 2015.

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    Taconite-pellet plants and ore-concentrating firms produced 29 million tonnes last year, down from 33 million tonnes in 2015.

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    History. In the late 19th and early 20th centuries, the United States was mining such an abundance of iron ore of high quality that taconite was considered an ...