Section 1503(b)(1) of the Dodd-Frank Act requires the disclosure on a Current Report on Form 8-K of the receipt of an imminent danger order (an “Order”) under section 107(a) of the Federal Mine Safety and Health Act of 1977 issued by the Mine Safety and Health Administration (“MSHA”).
On March 7, 2017, Hibbing Taconite Company (the “Company”), the operations of which are managed by a wholly-owned subsidiary of Cliffs Natural Resources Inc., received an Order from MSHA at the Company’s operations in Minnesota regarding an employee observed in an elevated position on a piece of equipment without fall protection. The employee came down safely from the elevated position, and the Order was promptly terminated.
The condition cited in the Order referred to above did not result in an accident or injury nor did it have a material adverse impact on the Company’s operations.
About Cliffs Natural Resources Inc. (NYSE:CLF) Cliffs Natural Resources Inc. is a mining and natural resources company. The Company is a supplier of iron ore pellets to the North American steel industry from its mines and pellet plants located in Michigan and Minnesota. The Company’s segments include U.S. Iron Ore and Asia Pacific Iron Ore. The Company is a producer of iron ore pellets, primarily selling production from U.S. Iron Ore to integrated steel companies in the United States and Canada. The Company manages approximately five iron ore mines located in Michigan and Minnesota. In Michigan, it is operating over two iron ore mines, Empire mine and Tilden mine. In Minnesota, it is operating approximately one iron ore mine, Hibbing mine. The other two iron ore operations in Minnesota, United Taconite mine and Northshore mine. Its Asia Pacific Iron Ore operations are located in Western Australia and consist of its Koolyanobbing operation. The Company operates an iron ore mining complex in Western Australia.
Cliffs Natural Resources Inc. (NYSE:CLF) Recent Trading Information Cliffs Natural Resources Inc. (NYSE:CLF) closed its last trading session down -0.21 at 8.74 with 14,238,177 shares trading hands.
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