Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.
US iron-ore and coal producer Cliffs Natural Resources has suspended its quarterly dividend as part of accelerated plans to repay its outstanding debt balance. Cleveland, Ohio-based-based Cliffs on Monday said it had already reduced its outstanding debt balance by more than $400-million during the quarter ended December 31, and January.
US iron-ore and coal producer Cliffs Natural Resources has suspended its quarterly dividend as part of accelerated plans to repay its outstanding debt balance. Cleveland, Ohio-based-based Cliffs on Monday said it had already reduced its outstanding debt balance by more than $400-million during the quarter ended December 31, and January.
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