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Cliffs Natural Resources Inc. (CLF)

9.15 Down 0.05(0.54%) Nov 26, 4:02PM EST
|After Hours : 9.18 Up 0.03 (0.33%) Nov 26, 6:29PM EST
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Cliffs Natural Resources Inc.
200 Public Square
Suite 3300
Cleveland, OH 44114
United States - Map
Phone: 216-694-5700

Index Membership:N/A
Sector:Basic Materials
Industry:Industrial Metals & Minerals
Full Time Employees:7,138

Business Summary 

Cliffs Natural Resources Inc., a mining and natural resources company, produces iron ore and metallurgical coal. It operates five iron ore mines located in Michigan and Minnesota; four metallurgical coal mines located in West Virginia and Alabama; and one thermal coal mine located in West Virginia. The company also operates two iron ore mines in eastern Canada that primarily produce iron ore concentrate and iron ore pellets; Koolyanobbing complex situated in northeast of the town of Southern Cross, which produces lump and fines iron ore; and three North American coal mining complexes. In addition, it owns and operates various exploration projects, such as the Chromite Project located in James Bay lowlands of northern Ontario; the Decar Property situated in British Columbia; and the Labrador Trough South property located in Fermont, Québec. The company sells its iron products to integrated steel companies and Asian steel producers; and metallurgical coal to integrated steel and coke producers in Europe, North America, China, India, and South America, as well as thermal coal to energy companies and distributors in North America and Europe. The company, formerly known as Cleveland-Cliffs Inc., was founded in 1847 and is headquartered in Cleveland, Ohio.

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Corporate Governance 
Cliffs Natural Resources Inc.’s ISS Governance QuickScore as of Nov 1, 2014 is 4. The pillar scores are Audit: 1; Board: 9; Shareholder Rights: 3; Compensation: 2.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. Terrance M. Paradie CPA, CA, 46
Chief Financial Officer, Exec. VP and Treasurer
Mr. P. Kelly Tompkins , 58
Exec. VP of Bus. Devel.
Mr. Lourenco Goncalves ,
Chairman, Chief Exec. Officer, Pres and Chairman of Strategy Committee
Mr. Timothy K. Flanagan , 36
Chief Accounting Officer, VP and Corp. Controller
Mr. James D. Graham ,
Chief Legal Officer, Exec. VP and Sec.
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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