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Posted by Jim chapman
on 4/9/2009, 10:44 pm, in reply to "Re: Empire and Tilden mines"
24.247.80.162
The press release from Cliffs, the owner of the mines the LS&I indicates they will produce 600,000 tons more than expected for a total of 7.3 million tons for the year.
Based on the approximate load weight of 94800 pounds (based on a picture of one LS&I ore car), I figure that means an 12658 carloads more than expected.
I don't know if that is correct or not. In total that would estimate out to about 154008 car loads over the course of the year. That would be an average of 592 car loads per day. To me that seems way too high.
Anyways the best news for the local economy is that the company is now dropping plans to shut down the Empire Mine for 7 weeks and the Tilden Mine for 26 days. A move that will keep 1200 workers working. I don't know about the 370 laid off earlier this year, if it means they will be recalled or not.
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