Cleveland-Cliffs Highlights Its Contribution to Clean Steelmaking Through Its New Environmental Website
August 14 2019 - 07:00AM
Business Wire
Cleveland-Cliffs Inc. (NYSE: CLF) announced today that it has
launched a new environmental section on its corporate website. The
environmental section provides a comprehensive look at Cliffs’
progress and outcomes in key areas of its environmental performance
and its contribution to clean steelmaking.
Lourenco Goncalves, Cleveland-Cliffs’ Chairman, President, and
CEO said, "Cleveland-Cliffs’ iron ore pellets enable the production
of environmentally friendly steel. We need to educate people that
not all steel is produced in an environmentally responsible manner
globally, and the information that is provided on our website
highlights this clear distinction. The world needs more steel, but
the world also needs less pollution. As the importance of
greenhouse gas emissions heightens and misinformation about
steelmaking’s role spreads, we think it is necessary to emphasize
the nature of Cliffs’ operations, and our positive impact on the
steel supply chain in the United States.”
The Company stated that it employs sustainable mining practices
through its rigorous environmental systems integrated within its
operations. Through this website disclosure, Cliffs intends to be
more transparent as an Environmental, Social and Governance (ESG)
compliant company in its reporting of key environmental performance
indicators. The website provides environmental metrics related to
the production of its iron ore pellets and how the use of pellets
enable clean steelmaking. It also provides a comparative view of
steelmaking in China and the United States and their differentiated
impact to the environment of the two countries.
Cleveland-Cliffs Environmental section of its corporate website
is accessible at www.clevelandcliffs.com
About Cleveland-Cliffs Inc.
Founded in 1847, Cleveland-Cliffs Inc. is the largest and oldest
independent iron ore mining company in the United States. The
company is a major supplier of iron ore pellets to the North
American steel industry from its mines and pellet plants located in
Michigan and Minnesota. By 2020, Cliffs expects to be the sole
producer of hot briquetted iron (HBI) in the Great Lakes region
with the development of its first production plant in Toledo, Ohio.
Driven by the core values of safety, social, environmental and
capital stewardship, Cliffs’ employees endeavor to provide all
stakeholders with operating and financial transparency.
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version on businesswire.com: https://www.businesswire.com/news/home/20190814005096/en/
MEDIA CONTACT: Patricia Persico Director, Corporate
Communications (216) 694-5316
INVESTOR CONTACT: Paul Finan Director, Investor Relations
(216) 694-6544
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