Portman Limited, an Australian iron ore mining and exploration operation serving the Asian iron ore markets with direct-shipping fines and lump ore, is overseen by Cliffs’ Asia-Pacific business unit. It extends Cliffs’ reach beyond North America, providing access to the world’s most rapidly growing steel markets.
Locations: Koolyanobbing and Cockatoo Island, Australia
Type of Ore: Hematite and Goethite
2007 Production: 8.4 million tons
Cliffs’ Ownership Share: 85.2%
The numbers reported above are estimates for full-year 2007.
