Cleveland-Cliffs Inc.

CLEVELAND, Feb. 26, 2015 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) today announced the commencement of private offers to exchange up to $750 million aggregate principal amount of its newly issued 7.75% Senior Secured Notes due 2020 (the "Senior Secured Notes") for certain outstanding senior unsecured notes of Cliffs, upon the terms and subject to the conditions set forth in the Company's offering [...]

Anticipates End to System Support Resource Payments for All Consumers CLEVELAND, Feb. 18, 2015 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) announced today that it has finalized an interim power agreement with We Energies for its Michigan operations. The Company stated that this is one key step in a series of contemplated short and long-term agreements that are essential to the viability of its iron ore [...]

LONDON, February 11, 2015 /PRNewswire/ -- Editor Note: For more information about this release, please scroll to bottom. Investor-Edge has initiated coverage on the following equities: Vale S.A. (NYSE: VALE), Cliffs Natural Resources Inc. (NYSE: CLF), Molycorp Inc. (NYSE: MCP), Teck Resources Ltd. (NYSE: TCK), and Rio Tinto Plc (NYSE: RIO). Free research report on Vale can be accessed at [...]

- Reports Fourth-Quarter Adjusted EBITDA1 of $297 million - Reports U.S. Iron Ore Realized Pricing of $99 Per Ton in the Fourth Quarter - Seaborne Iron Ore Businesses Record Impairment Charges of $1.2 Billion in Fourth Quarter CLEVELAND, Feb. 2, 2015 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) today reported fourth-quarter and full-year results for the period ended Dec. 31, 2014. Fourth-quarter 2014 [...]

Commences Formal Canadian Restructuring Proceedings CLEVELAND, Jan. 27, 2015 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) announced today 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 [...]

CLEVELAND, Jan. 26, 2015 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) announced today that during the fourth quarter of 2014 and the beginning of January 2015, the Company reduced its net debt balance by more than $400 million.  This accelerated debt reduction was achieved through the repayment of short-term debt as well as the repurchase of more than $200 million aggregate principal amount of senior notes in [...]

  CLEVELAND, Jan. 6, 2015 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) today announced that it will host a conference call to be held on Tuesday, February 3, 2015 to review 2014 fourth-quarter and full-year financial results.  The results will be released after the U.S. market close on Monday, February 2, 2015. The press release, and its accompanying financial exhibits, will also be available on the Company [...]

CLEVELAND, Jan. 2, 2015 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) is pleased to announce that it 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 $174 million in cash and the assumption of certain liabilities. The expected tax benefit associated with the transaction will be between 20% to 25% of the previously disclosed [...]

CLEVELAND, Dec. 3, 2014 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) announced today that it has terminated its previously announced cash tender offers (the "Tender Offers") for up to a maximum aggregate principal amount of its outstanding (i) 3.95% Senior Notes due 2018 (the "2018 Notes"), (ii) 5.90% Senior Notes due 2020 (the "March 2020 Notes"), (iii) 4.80% Senior Notes due 2020 (the "October 2020 Notes [...]

CLEVELAND, Dec. 3, 2014 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) announced today that it 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 anticipates using the cash proceeds from the sale for debt repayment. Lourenco Goncalves, Cliffs' Chairman [...]