Cleveland-Cliffs acquires US Steel interest in Tilden Mine

Cleveland-Cliffs Inc has acquired US Steel Corp’s 15% stake in Tilden Mining Co for $105 million, representing a “win-win” for both sides, according to one analyst.

Cliffs, the largest iron ore miner and pellet producer in the USA, previously owned an 85% interest in the joint venture. Tilden Mine, an iron ore mining, concentrating, pelletizing and...

Published

Grace Lavigne Asenov

October 02, 2017

21:40 GMT