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Cleveland Cliffs
Cleveland Cliffs changed its name to Cliffs Natural Resources in 2008.
Latest News
Cliffs Reaches Negotiated Settlement with ArcelorMittal USA
12 April 2011 - Cliffs Natural Resources has reached a negotiated settlement with ArcelorMittal USA and related parties regarding price reopener entitlements for 2009 and 2010 and pellet nominations for 2010 and 2011.
Consolidated Thompson Shareholders Approve Plan of Arrangement
28 February 2011 - Consolidated Thompson Iron Mines Limited's shareholders have overwhelmingly approved the plan of arrangement for Cliffs to acquire all of Consolidated Thompson's outstanding shares.
Cliffs Announces Promotions to Support Global Reorganization
09 February 2011 - Cliffs Natural Resources Inc. has announced a number of global commercial, operating and administrative management promotions in support of the company's previously announced global reorganization.
Cliffs Enters Agreement to Acquire Consolidated Thompson Iron Mines
12 January 2011 - Cliffs Natural Resources has entered into a definitive arrangement agreement to acquire all of Consolidated Thompson Iron Mines Ltd.'s common shares in an all-cash transaction valued at approximately $4.9 billion Canadian dollars (including net debt), or C$17.25 per share.
Cliffs Announces Receipt of "True-up" Payments from Essar Steel Algoma
07 January 2011 - Cliffs Natural Resources announces the receipt of $129 million in "true-up" payments from Essar Steel Algoma related to the portion of revenue from 2010 pellet sales that were disputed in a previously disclosed arbitration.
Cliffs Announces Receipt of "True-up" Payments from Essar Steel Algoma
07 January 2011 - Cliffs Natural Resources announces the receipt of $129 million in "true-up" payments from Essar Steel Algoma related to the portion of revenue from 2010 pellet sales that were disputed in a previously disclosed arbitration.
Essar Steel Algoma to Make True-Up Payment for Iron Ore
06 January 2011 - Essar Steel Algoma is making a US $129 Million true-up payment to its iron ore supplier. The amount represents the difference between amounts invoiced in 2010 and the amounts due under the recent arbitration award with respect to a pricing dispute.
Cliffs Natural Resources Names General Manager, Global Sustainability
06 January 2011 - Cliffs Natural Resources announced Ronald Nielsen has joined the organization as its new General Manager, Global Sustainability, effective Jan. 2011.
Essar Steel Algoma to Make True-Up Payment for Iron Ore
06 January 2011 - Essar Steel Algoma is making a US $129 Million true-up payment to its iron ore supplier. The amount represents the difference between amounts invoiced in 2010 and the amounts due under the recent arbitration award with respect to a pricing dispute.
Essar Steel Algoma to Vacate Arbitration Decision with Cliffs
20 December 2010 - An Arbitration Panel has decided in favor of Cliffs Mining Co. regarding an iron ore pricing dispute between Essar Steel Algoma and Cleveland Cliffs. Essar Steel Algoma intends to file a court application to vacate the award on the basis that the Arbitration Panel exceeded its jurisdiction.
Cliffs Ranks in Top 100 for Sustainability
03 November 2010 - Cliffs Natural Resources Inc. was named to the Global 1000 Sustainable Performance Leaders, achieving an overall ranking of 97 among other publicly traded global companies. It also ranked fourth among the 64 companies recognized in the Metals and Mining category.
Essar Steel Algoma, Cliffs Reach Interim Agreement for Iron Ore Supply
04 October 2010 - Essar Steel Algoma reaches an agreement with Cleveland Cliffs setting an interim price commencing October 1, 2010, for the provision of iron ore pellets.
Cliffs Announces Asia Pacific Iron Ore Infrastructure Upgrades
22 September 2010 - Cliffs Natural Resources Inc.’s Board of Directors has approved a capital project at its Koolyanobbing Complex in Western Australia that is expected to allow the Complex to produce about 11 million tonnes annually.
Cliffs Updates Full-Year 2010 North American Coal Outlook
14 September 2010 - Cliffs Natural Resources Inc. is updating its full-year 2010 North American Coal outlook to include its recent acquisition of INR Energy’s coal operations and to adjust the production outlook for its legacy coal operations in West Virginia and Alabama.
Cliffs Closes Acquisition of INR Energy’s Coal Operations
03 August 2010 - Cliffs Natural Resources Inc. has closed on its previously announced acquisition of INR Energy, LLC’s coal operations in southern West Virginia. The transaction will increase Cliffs’ global coal production capacity to more than 9 million tons in 2011.
Mesabi Trust Declares Distribution
16 July 2010 - The Trustees of Mesabi Trust declared a distribution of $0.80 per Unit of Beneficial Interest payable on August 20, 2010, to Mesabi Trust unit holders of record at the close of business on July 30. The Trust did not declare a distribution for the same period a year ago.
Cliffs Named to Bloomberg Businessweek’s 50 Top Performers List
29 June 2010 - Cliffs Natural Resources is ninth on Bloomberg Businessweek’s inaugural “50 Top Performers” list, which ranks U.S. corporations with the highest total returns for shareholders in the Standard & Poor’s 500 stock index over the past five years.
Essar Steel Algoma Granted Injunction for Pellet Delivery
18 June 2010 - Essar Steel Algoma has been granted an injunction against Cleveland Cliffs that will force Cliffs to continue delivering pellets to Essar, pending resolution of a pricing dispute between the parties.
Cliffs Reviews Options Regarding Proposed KWG Takeover
08 June 2010 - Cliffs Natural Resources Inc. continues to review its options with respect to making a formal offer for the common shares of KWG Resources Inc. Cliffs may not make such an offer due to KWG’s recent disclosure that it has entered into a binding letter agreement to merge with Spider Resources Inc.
Essar Steel Algoma Takes Action against Cliffs
01 June 2010 - Essar Steel Algoma has commenced arbitration proceedings against Cleveland-Cliffs Iron Co. and some of its affiliates to resolve a pricing dispute and to ensure its supply of iron ore pellets pending a resolution.
