皇冠体育斯宣布与明尼苏达电力公司达成协议

皇冠体育2016年5月24日/美通社/——Cliffs Natural Resources Inc.(纽约证券交易所代码:CLF)今天宣布,通过其子公司,该公司已与ALLETE Inc.(纽约证券交易所代码:ALE)的公用事业部门Minnesota Power达成多项协议。皇冠体育斯将获得3100万美元现金,作为其与明尼苏达电力公司到2031年的北岸业务长期购买电力安排的一部分。这些协议正在等待公用事业资产出售的潜在监管批准,包括某些非核心业务;United Taconite的输电资产;United Taconite和Northshore Mining Company的某些土地选择权;以及皇冠体育斯伊利铁路资产沿线的运输权另外,Cliffs已将其United Taconite和Babbitt设施与Minnesota power的监管电力安排延长了10年。

Cliffs董事长、总裁兼首席执行官Lourenco Goncalves表示:“我很高兴我们与明尼苏达电力公司巩固了长期、低成本电力的战略关系,这有助于我们保持未来的竞争力。重要的是,这些新协议的签署将为Cliffs在这些业务的能源管理方面提供相当大的确定性,也将使我们能够在长期内继续提高现金生产成本。”

ALLETE董事长、总裁兼首席执行官Al Hodnik表示:“我们非常重视与Cliffs的合作关系,并相信强大的采矿和造纸行业对我们地区的经济成功至关重要。”“这些协议证明了明尼苏达电力公司与明尼苏达州东北部自然资源行业之间强有力的合作伙伴关系的价值。这些步骤可以帮助Cliffs实现其保持竞争力的目标,保持区域就业机会,并通过技术进步进一步提高其产品。”

皇冠体育斯表示,供应协议不会涉及银湾发电厂的任何立即裁员。

关于Cliffs Natural Resources Inc.皇冠体育斯自然资源公司是皇冠体育官网领先的矿业和自然资源公司。该公司是北美钢铁行业铁矿石球团的主要供应商,其矿山和球团厂位于密歇根州和明尼苏达州。皇冠体育斯还在西澳大利亚经营着一个铁矿石开采综合体。在安全、社会、环境和资本管理的核心价值观的推动下,皇冠体育斯的员工努力为所有利益相关者提供运营和财务透明度。有关公司的新闻稿和其他信息可在www.cliffsnaturalresources.com上获得。

明尼苏达电力公司在明尼苏达州东北部26,000平方英里的区域内提供电力服务,为皇冠体育官网16个市政当局和一些最大的工业客户的144,000名客户提供舒适,安全和高质量的生活。更多信息请访问www.mnpower.com。

Forward-Looking Statements
This release contains statements that constitute "forward-looking statements" within the meaning of the federal securities laws.  As a general matter, forward-looking statements relate to anticipated trends and expectations rather than historical matters.  Forward-looking statements are subject to uncertainties and factors relating to Cliffs' operations and business environment that are difficult to predict and may be beyond our control.  Such uncertainties and factors may cause actual results to differ materially from those expressed or implied by the forward-looking statements.  These statements speak only as of the date of this release, and we undertake no ongoing obligation, other than that imposed by law, to update these statements.  Uncertainties and risk factors that could affect Cliffs' future performance and cause results to differ from the forward-looking statements in this release include, but are not limited to: trends affecting our financial condition, results of operations or future prospects, particularly the continued volatility of iron ore prices; availability of capital and our ability to maintain adequate liquidity, in particular considering borrowing base reductions from the sale of non-core assets; our level of indebtedness could limit cash flow available to fund working capital, capital expenditures, acquisitions and other general corporate purposes or ongoing needs of our business, which could prevent us from fulfilling our debt obligations; continued weaknesses in global economic conditions, including downward pressure on prices caused by oversupply or imported products, including the impact of any reduced barriers to trade, recently filed and forthcoming trade cases, reduced market demand and any change to the economic growth rate in China; our ability to reach agreement with our iron ore customers regarding any modifications to sales contract provisions, renewals or new arrangements, including with ArcelorMittal; uncertainty relating to restructurings in the steel industry and/or affecting the steel industry; our ability to maintain appropriate relations with unions and employees and enter into or renew collective bargaining agreements on satisfactory terms; the impact of our customers reducing their steel production or using other methods to produce steel;  our ability to successfully execute an exit option for certain of our Canadian entities that minimizes the cash outflows and associated liabilities of such entities, including the Companies' Creditors Arrangement Act (Canada) process; our ability to successfully identify and consummate any strategic investments and complete planned divestitures; our ability to successfully diversify our product mix and add new customers beyond our traditional blast furnace clientele; the outcome of any contractual disputes with our customers, joint venture partners or significant energy, material or service providers or any other litigation or arbitration; the ability of our customers and joint venture partners to meet their obligations to us on a timely basis or at all; the impact of price-adjustment factors on our sales contracts; changes in sales volume or mix; our actual levels of capital spending; our actual economic iron ore reserves or reductions in current mineral estimates, including whether any mineralized material qualifies as a reserve; events or circumstances that could impair or adversely impact the viability of a mine and the carrying value of associated assets, as well as any resulting impairment charges; the results of prefeasibility and feasibility studies in relation to projects; impacts of existing and increasing governmental regulation and related costs and liabilities, including failure to receive or maintain required operating and environmental permits, approvals, modifications or other authorization of, or from, any governmental or regulatory entity and costs related to implementing improvements to ensure compliance with regulatory changes; our ability to cost-effectively achieve planned production rates or levels; uncertainties associated with natural disasters, weather conditions, unanticipated geological conditions, supply or price of energy, equipment failures and other unexpected events; adverse changes in currency values, currency exchange rates, interest rates and tax laws; risks related to international operations; availability of capital equipment and component parts; the potential existence of significant deficiencies or material weakness in our internal control over financial reporting; and problems or uncertainties with productivity, tons mined, transportation, mine-closure obligations, environmental liabilities, employee-benefit costs and other risks of the mining industry. For additional factors affecting the business of Cliffs, refer to Part I – Item 1A. Risk Factors of our Annual Report on Form 10-K for the year ended December 31, 2015. You are urged to carefully consider these risk factors.

 

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源崖自然资源有限公司。