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Cliffs Natural Resources Reaches New Labor Agreement with USW in Quebec

The agreement has been ratified by USW local union memberships.  
 
Sean Whiteford, vice president, eastern Canadian iron ore operations, commented, "We are pleased to reach a new labor contract that is fair and equitable to both parties, and provides Cliffs a competitive cost structure for future success. Cliffs' most valuable resource is our employees, and we look forward to continuing our relationship with Steelworkers."
 

Cliffs Natural Resources Inc. is an international mining and natural resources company. A member of the S&P 500 Index, the company is a major global iron ore producer and a significant producer of high- and low-volatile metallurgical coal. Cliffs' strategy is to continually achieve greater scale and diversification in the mining industry through a focus on serving the world's largest and fastest growing steel markets. Driven by the core values of social, environmental and capital stewardship, Cliffs associates across the globe endeavor to provide all stakeholders operating and financial transparency.
 
The company is organized through a global commercial group responsible for sales and delivery of Cliffs' products and a global operations group responsible for the production of the minerals the company markets. Cliffs operates iron ore and coal mines in North America and an iron ore mining complex in Western Australia.