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CLIFFS NATURAL RESOURCES INC.

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NYSE:CLF (USD)  36.18 [-0.49 (-1.34%)] Nov 6 2009 - Close

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Type: Public
Classification: Monitor
Advanced or Above
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200 PUBLIC SQUARE, SUITE 3300
CLEVELAND
Ohio
USA, 44114-2589
Phone: +1 (216) 694-5700
Fax: +1 (216) 694-4880

Company Summary

Cliffs Natural Resources Inc. is the largest supplier of iron ore products to the North American steel industry and the largest producer of iron ore pellets in the world. Subsidiaries of Cliffs Natural Resources Inc. manage six iron ore mines in Michigan, Minnesota, and eastern Canada, and hold equity interest in five of the mines. The Australia segment, consists of 80.4% Portman (the third-largest iron ore mining company in Australia) interest in Western Australia. The company has a major iron ore reserve position in the U.S. and is a substantial iron ore merchant. The company is also engaged in coal mining.

Company News

Thursday, July 02, 2009
Cliffs Natural Resources announced that the owners of the Hibbing Taconite Joint Venture in Minnesota have made the decision to extend the plant’s current shutdown status through the first quarter of 2010 as a result of continuing soft demand for iron ore pellets. The facility was originally shut down in May 2009, following an idling of two of Hibbing’s three pelletizing furnaces in March 2009. The initial shutdown had been expected to last 15 weeks. Hibbing Taconite has the rated capacity of 8.0 million tons per year and employs approximately 700 people when operating at full capacity.

News Releases

Friday, October 30, 2009
Thursday, September 03, 2009

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