SOURCE: Industrial Info Resources

Industrial Info Resources

July 05, 2011 06:15 ET

Cliffs Natural Resources Prepares to Be North America's Sole Chromite, Ferrochrome Producer, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - Jul 5, 2011) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Cliffs Natural Resources Incorporated (NYSE:CLF) (Cleveland, Ohio) is on its way to becoming North America's sole producer of chromite ore and ferrochrome. Cliffs acquired ownership in three chromite deposits in northern Ontario in late 2009 and 2010. Development of the deposits will make the company North America's only chromite producer. In addition, Cliffs plans to construct a ferrochrome production facility, which will be the only such facility in North America.

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