Cliffs (CLF) Says United Steelworkers Ratified New 3-Year Labor Contract in Michigan and Minnesota Operations

September 29, 2016 1:45 PM EDT

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Cliffs Natural Resources Inc. (NYSE: CLF) announced today that its employees represented by the United Steelworkers (USW) at its Tilden and Empire mines in Michigan, and its United Taconite and Hibbing Taconite mines in Minnesota ratified a new 3-year labor contract. The new contract is retroactively effective from October 1, 2015 through September 30, 2017 and covers approximately 2,000 USW-represented employees at Cliffs' operations.

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