15
Aug
19:13
Cliffs signs new electrical power agreement
Iron ore producer Cliffs Natural Resources has inked a new long-term electrical service agreement for its mine in Tilden, Michigan, Kallanish learns from a company statement.
The 20-year agreement with WEC Energy Group provides for the construction of 170 megawatts of natural gas capacity, generated by two separate facilities, by 2019.
Cliffs’ assets in Michigan will draw power primarily via this system, ensuring base-load demand. The facilities will al…
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Anonymous
Very good overview of the weekly steel market.
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