HIBBING, Minn. (AP) — Another mining company on the Iron Range is idling workers due to the coronavirus pandemic and the declining demand for steel.
Hibbing Taconite will end production May 3. As a result, 650 workers will be laid off, both salaried and hourly workers.
ArcelorMittal, which manages Hibbing Taconite and owns the largest stake in the mine, hopes to restart production July 6.
Hibbing Taconite is the third Iron Range mine and plant to announce it would stop production and layoff most employees.
Cleveland-Cliffs said recently it would idle Northshore Mining in Babbitt and Silver Bay and U.S. Steel said it would temporarily stop production at Keetac. Layoffs at the three mines total about 1,500.
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