Cliffs Natural Resources

Cliffs Natural Resources Inc. is an international mining and natural resources company headquartered in Cleveland, Ohio. Before 2008, it was known as Cleveland Cliffs.

Latest News

Investment Firm Discussing Acquisition of Canadian Pellet Plant, Steelworkers Say

22 February 2019 - The United Steelworkers union and New York investment firm Bedrock Industries have agreed to open contract talks as Bedrock looks to restart a long-idled iron ore pellet plant in Canada.

Cliffs Natural Resources Picks Site for HBI Plant

15 June 2017 - Iron ore miner Cliffs Natural Resources said it will invest US$700 million in a hot-briquetted iron plant close to the southwestern shore of Lake Erie.

Cliffs Natural Resources Starts Up New Pellet Plant

17 May 2017 - Iron ore miner Cliffs Natural Resources has begun producing its Mustang superflex pellet at its United Taconite mine in Minnesota, the company has announced.

Cliffs Natural Resources Sounds the NYSE's Closing Bell

01 May 2017 - In recognition of their company's 170th anniversary, Cliffs Natural Resources chairman and chief executive Lourenco Goncalves and the executive management team rang the NYSE's closing bell on Monday.

Cliffs Natural Resources, Steelworkers Shake Hands on New Labor Agreement

26 August 2016 - North American iron ore miner Cliffs Natural Resources Inc. has reached a tentative labor agreement with the United Steelworkers union, the company announced on Friday.

ATI Looks for Post-Lockout Production to Normalize in April

07 March 2016 - With a six-month lockout at an end, unionized employees at Allegheny Technologies Inc. (ATI) are to begin returning to work 13 March, the company has announced.

Cliffs Natural Resources Idling Minnesota Taconite Operation

03 August 2015 - Lower orders and higher inventories have prompted Cleveland-based Cliffs Natural Resources to temporarily idle its United Taconite operation in the Minnesota Iron Range.

Cliffs Natural Resources Inc. Reports First-Quarter 2015 Results

30 April 2015 - Cliffs Natural Resources Inc. reported its first-quarter results for the period ended March 31, 2015.

Cliffs Natural Resources Inc. Names P. Kelly Tompkins New Chief Financial Officer

02 April 2015 - Cliffs Natural Resources Inc. announced that it has named its current Executive Vice President of Business Development, P. Kelly Tompkins as the Company's new Executive Vice President & Chief Financial Officer effective April 1, 2015. Mr. Tompkins will replace Terrance Paradie, who announced his resignation to pursue an opportunity with another company.

Cliffs Natural Resources Inc. Announces Successful Completion of Refinancing Transactions

31 March 2015 - Cliffs Natural Resources Inc. announced that, on 30 March 2015, it entered into a new senior secured asset-based revolving credit facility and successfully completed its previously announced private offering of US$540 million aggregate principal amount of 8.250% Senior Secured Notes due 31 March 2020.

Cliffs Natural Resources to Sell Canadian Chromite Assets

23 March 2015 - Cliffs Natural Resources Inc. has entered into a definitive agreement to sell its Chromite assets in Northern Ontario, Canada, to Noront Resources Ltd. for CA$20 million.

Essar Steel Algoma Files Counter Claim Against Cliffs

26 February 2015 - Essar Steel Algoma Inc. (ESAI) has filed counter-claims against its iron ore supplier for damages in excess of US$164 million arising out the parties’ relationship, including a claim for certain outstanding credit payments owed by Cliffs.

Cliffs Natural Resources CEO to Address Attendees at AISTech 2015

23 February 2015 - Lourenco Goncalves, chairman, president and chief executive officer, Cliffs Natural Resources Inc., will present a keynote address at the AIST President's Award Breakfast on Tuesday, 5 May at 8 a.m. in the Grand Ballroom at the Cleveland Convention Center, Cleveland, Ohio, USA.

Cliffs Natural Resources Inc. Finalizes Energy Agreement in U.P. of Michigan

18 February 2015 - The Company Anticipates End to System Support Resource Payments for All Consumers

Cliffs Natural Resources Announces Decision on Bloom Lake Mine

02 February 2015 - Cliffs Natural Resources Inc. announced that Bloom Lake General Partner Limited and certain of its affiliates, including Cliffs Quebec Iron Mining ULC (collectively, "Bloom Lake Group") commenced restructuring proceedings in Montreal, Quebec, under the Companies' Creditors Arrangement Act (Canada) (CCAA).

Cliffs Natural Resources Closes Sale of Logan County Coal, Provides Update on Bloom Lake

05 January 2015 - Cliffs Natural Resources Inc. has completed the sale of its Logan County Coal assets in West Virginia to Coronado Coal II LLC, an affiliate of Coronado Coal LLC, for US$174 million in cash and the assumption of certain liabilities.

Cliffs to Sell Logan County Coal to Coronado Coal II

12 December 2014 - Cliffs Natural Resources Inc. has entered into a definitive agreement to sell its Logan County Coal assets in southern West Virginia to Coronado Coal II LLC for US$175 million in cash and the assumption of certain liabilities.

Cliffs Natural Resources to Pursue Exit Options for Eastern Canadian Operations

24 November 2014 - Cliffs Natural Resources Inc. is pursuing exit options for its Eastern Canadian iron ore operations which may result in the closure of the Bloom Lake mine.

Cliffs Reports Q3 Earnings, Outlook for Remainder of 2014

29 October 2014 - As it reported its third quarter earnings, Cliffs Natural Resources said it expects domestic steel production and the corresponding demand for steelmaking raw materials to be supported directly by construction activity, energy extraction and motor vehicle production in the near term.