Cleveland-Cliffs Inc. Announces Earlier Than Planned Restart of HBI Construction and Tilden Mining Operations
Cleveland-Cliffs Inc. (CLF)
Last cleveland-cliffs inc. earnings: 2/20 07:00 am
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clevelandcliffs.com/investors/overview/default.aspx
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Source: Business Wire
CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) (“Cliffs”) today announced that it will be resuming construction of its Hot-Briquetted Iron (HBI) plant in Toledo, Ohio, and accelerating the restart of its Tilden mining operations in Michigan.The construction of the Toledo HBI plant was temporarily shut down on March 20, 2020, and the Company has now begun the process of remobilizing the workforce to complete the project. Due to mandatory social distancing and other newly implemented safety related measures limiting the number of workers allowed to be present simultaneously on the job, construction is now expected to be completed in the fourth quarter of this year.The Tilden mine primarily supplies the Company’s own AK Steel facilities in Middletown, Ohio and Dearborn, Michigan. The mine was idled in mid-April, with a restart previously expected in July. The company now plans to restart Tilden later this month. The earlier restart of Tilden comes in response to a fast
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News
- Cleveland-Cliffs (CLF) Earnings & Revenues Lag Estimates in Q1 [Yahoo! Finance]Yahoo! Finance
- Cleveland-Cliffs Inc. (NYSE: CLF) had its price target lowered by analysts at JPMorgan Chase & Co. from $24.00 to $23.00. They now have an "overweight" rating on the stock.MarketBeat
- Why Cleveland-Cliffs Plunged on Tuesday [Yahoo! Finance]Yahoo! Finance
- Cleveland-Cliffs shares fall after Q1 earnings miss estimates [Seeking Alpha]Seeking Alpha
- Cleveland-Cliffs (CLF) Q1 Earnings and Revenues Miss Estimates [Yahoo! Finance]Yahoo! Finance
CLF
Earnings
- 4/22/24 - Miss
CLF
Sec Filings
- 4/22/24 - Form 8-K
- 4/5/24 - Form 8-K
- 4/3/24 - Form 4
- CLF's page on the SEC website