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Cliffs Natural Resources Inc
Cliffs Natural Resources Inc. (CLF) is a publicly traded company based in the United States that specializes in the mining and beneficiation of iron ore. The company is one of the largest producers of iron ore pellets in North America and is a significant supplier of high-quality iron ore to the North American steel industry.
CLF's stock is listed on the New York Stock Exchange (NYSE) and is a component of the S&P MidCap 400 index. The company has a market capitalization of several billion dollars and is included in various investment funds and ETFs.
CLF's operations are primarily focused on the mining and production of iron ore, as well as the related logistics and infrastructure necessary to support its business. The company's key mining assets are located in the United States and Canada, including the Hibbing Taconite and United Taconite facilities in Minnesota, and the Bloom Lake and Wabush mines in Quebec.
In recent years, CLF has undergone significant restructuring, including the divestiture of its coal and international assets, in order to focus on its core iron ore business. The company has also adopted a number of strategic initiatives aimed at improving its operational efficiency, reducing costs, and enhancing its financial position.
As with any investment, it's important to carefully consider a number of factors before investing in CLF or any other company, including the company's financial fundamentals, competitive position, and industry trends. It's also recommended to consult with a financial advisor or do your own research before making any investment decisions.