Eisenerzbranche: Cliffs Natural Resources vor Schließung der Bloom Lake Mine in Quebec

Die schwerwiegende Baisse-Phase im Eisenerzsektor trifft Eisenerzproduzenten mit höheren Kosten besonders heftig. Cliffs Natural Resources (NYE:CLF) stellt jetzt die Schließung der Bloom Lake Mine im Osten von Kanada in Aussicht, was eine kostspiele Option wäre:

Cliffs looking to exit eastern Canada iron ore ops, may close Bloom Lake

Carl Surran, SA News Editor

• Cliffs Natural Resources (NYSE:CLF) -6.9% premarket after announcing it is seeking to exit its eastern Canada iron ore operations, which may result in the closure of its Bloom Lake mine in Quebec.

• "With expansion no longer viable, we have shifted our focus to executing an exit option for eastern Canadian operations that minimizes the cash outflows and associated liabilities,” CEO Lourenco Goncalves says.

• CLF says closing Bloom Lake would cost $650M-$700M over the next five years; it has said previously that ~$1.2B would be required to make the mine viable.

• WSJ reported last week that Nucor was in talks with CLF to invest in Bloom Lake.

Quelle: bigcharts.com