US-based iron ore pellet producer Cleveland Cliffs Inc will invest in a Queensland coal project, to be administered from its Perth office, after investing $109 million for the construction of a washplant and 8.3 per cent of the mining leases.

US-based iron ore pellet producer Cleveland Cliffs Inc will invest in a Queensland coal project, to be administered from its Perth office, after investing $109 million for the construction of a washplant and 8.3 per cent of the mining leases.