Hibbing Taconite third Iron Range mine to shut down amid
A view of the Hibbing Taconite open mine pit in North Hibbing. (PHOTO: J. Brown) Global steel giant ArcelorMittal will idle its Hibbing Taconite plant from May 3 through July 6 amid evaporating demand for iron ore in a growing economic recession. The move will furlough 650 employees.