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Cliffs Appoints New Senior Vice President—President of Ferroalloys

05/24/2010 - Cliffs Natural Resources has appointed William C. Boor, former Senior Vice President—Business Development, to the newly created position of Senior Vice President—President, Ferroalloys, effective immediately.

Cliffs Natural Resources Inc. recently appointed William C. Boor, former Senior Vice President—Business Development, to the newly created position of Senior Vice President—President, Ferroalloys.
 
Effective immediately, Boor is responsible for furthering Cliffs' strategic position in the ferroalloys industry, including the formation of a management team for the business unit and advancing the development of Cliffs' chromite deposits in northern Ontario, Canada.
 
"Our entry into ferroalloys is an exciting new chapter in our company's history and will require a keen management focus as we move forward to execution,” said Joseph Carrabba, Cliffs' President, Chairman, and Chief Executive Officer. “Under Bill's leadership, Cliffs will be able to apply its expertise in open-pit mining and mineral processing to maximize the effectiveness of what we believe to be a world-class deposit with a long life and significant expansion potential."
 
Since joining the company in 2007, Boor has led the build-out of Cliffs’ Business Development organization and processes. He holds a B.S. in Chemical Engineering from Pennsylvania State University and an MBA from Harvard Business School.
 
Cliffs noted that while the search for a business development executive is conducted, its Business Development group will be led by Laurie Brlas, Executive Vice President and Chief Financial Officer.
 
Cliffs Natural Resources, an international mining and natural resources company, is the largest producer of iron ore pellets in North America, a major supplier of direct-shipping lump and fines iron ore out of Australia and a significant producer of metallurgical coal.
 
The company is organized through three geographic business units in North America, Asia Pacific, and Latin America. The company’s North American business unit comprises six iron ore mines owned or managed in Michigan, Minnesota and Canada and two coking coal mining complexes located in West Virginia and Alabama. The Asia Pacific business unit comprises two iron ore mining complexes in Western Australia and a 45% economic interest in a coking and thermal coal mine in Queensland, Australia. The Latin American business unit includes a 30% interest in the Amapá Project, an iron ore project in the state of Amapá in Brazil.
 
Other projects under development include a biomass fuel production plant in Michigan and Ring of Fire chromite properties in Ontario, Canada. Over recent years, Cliffs has been executing a strategy designed to achieve scale in the mining industry and focused on serving the world's largest and fastest-growing steel markets.