Essar's announcement stated that they have a long trm agreement with CLF to purchase pellets
(2.5 million tons/yr. minimum) until 2024.
Any news on the shipping out of the New Millennium mines this year?
Ayy news of their shipping of DSO ore out of the New Millennium mines this year?
The ice in Lake Superior is still a factor. The first ship will levee Silver Bay on or after 4/1. Ice breakers are creating paths for the ships until the weather warms up.
Calumet ((CLMT) already has a refinery in Montana that produces products from the local crude. Just taking an options on acreage is one thing. Building a refinery is another.