CLEVELAND — Cleveland-Cliffs Inc. has announced that William Brake, Cliffs’ executive vice president — Cliffs Metallics and chief technical officer, has been named chairman of Renewafuel LLC.
Cliffs acquired controlling interest in Renewafuel in late 2007 and has announced the planned construction of a 150,000 ton per annum facility in Marquette, Mich. The facility will produce high-energy, low-emission biofuel cubes made from renewable and consistently available components such as corn stalks, switch grass, grains, soybean and oat hulls, wood and wood byproducts. The biofuel will be used in Cliffs’ iron ore mining and processing operations as well as in other industries in Minnesota, Michigan and other Midwest states. Production is scheduled to begin in 2009.
Todd Davis, Cliffs’ director of Alternative Energy, will be instrumental in the initiative and will report directly to Brake.
Cleveland-Cliffs Inc, headquartered in Cleveland, is an international mining company, the largest producer of iron ore pellets in North America and a major supplier of metallurgical coal to the global steelmaking industry. The Company operates six iron ore mines in Michigan, Minnesota and Eastern Canada, and three coking coal mines in West Virginia and Alabama.
Cliffs also owns 80 percent of Portman Ltd., a large iron ore mining company in Australia, serving the Asian iron ore markets with direct-shipping fines and lump ore. In addition, the company has a 30 percent interest in the Amapá Project, a Brazilian iron ore project; a 45 percent interest in the Sonoma Project, an Australian coking and thermal coal project; and a 70 percent interest in Renewafuel LLC, a producer of biomass fuel cubes.