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Cliffs Natural Resources Inc. Temporarily Idles Its Wabush Scully Mine Due To Forest Fires In The Region

Stocks in this article: CLF

CLEVELAND, June 28, 2013 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) announced today that it has evacuated employees from its Wabush Scully mine and temporarily idled the operation due to the forest fires in the region. The mine and processing plant are located in the town of Wabush in Labrador.

(Logo: http://photos.prnewswire.com/prnh/20101104/CLIFFSLOGO )

The Company stated that due to the rapidly changing wildfire, the safety of its workers and their families is its main priority. Cliffs will continue to monitor the situation and the local Wabush management team will determine when it is safe to resume operations.

Cliffs has been working with Wabush authorities to provide volunteer assistance and earth moving equipment to create a firebreak at a safe distance from the fire. The Company is also providing support with housing and cafeteria availability in Wabush and Fermont.

Cliffs employs nearly 500 people at its Wabush Scully mine. 

About Cliffs Natural Resources Inc.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. In addition, Cliffs has a major chromite project, in the feasibility stage of development, located in Ontario, Canada.

News releases and other information on the Company are available on the Internet at: http://www.cliffsnaturalresources.com

 

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