Case Details

Cleveland Cliffs Inc. and Lurgi Metallurgie GmbH - The Circored Project
Christoph Loch and Christian Terwiesch
Copyright: 2002 INSEAD-WHARTON
Document included :
 Cleveland Cliffs Inc. and Lurgi Metallurgie GmbH - The Cir...
The two companies started in 1995 to develop a new breakthrough technology for converting iron ore into pure iron. The project was extremely challenging because of complexity (a three-way joint venture involving three countries) and uncertainty (new technology posing unforeseeable complications). The case describes the difficulties to make the technology work.

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