RE:Algoma Steel Secures Iron Ore SupplyMad bad in my previous post. Algoma buys pellets from this US player. So this US player could then be a potential Client for PYR
Algoma Steel will buy MinnTac pellets through 2024 | Duluth News Tribune U.S. Steel's Minntac iron ore mine and pellet plant in Mountain Iron will supply Ontario-based steelmaker Algoma Steel with pellets through 2024, the companies said in news releases announcing the new purchase agreement.
The agreement replaces contracts set to expire at the end of this year, Algoma said in its release. In a separate release, U.S. Steel said the deal begins in 2021 and lasts through 2024, and a U.S. Steel spokesperson told the News Tribune the agreement marks "the first time in the last few years" that U.S. Steel has supplied Algoma with pellets.
“This contract provides Algoma Steel with a competitive iron ore supply that will sustain our business through the steel market cycle,” Algoma CEO Michael McQuade said.