Cliffs Natural Resources Inc. To Locate HBI Production Plant At Ironville Terminal

Thursday, June 15, 2017

TOLEDO, Ohio, June 15, 2017 – The Toledo-Lucas County Port Authority announced today that Cliffs Natural Resources Inc. (NYSE: CLF) will locate its first hot briquetted iron (HBI) production plant at Ironville Terminal in East Toledo. This project has the potential to create up to 130 permanent jobs, more than 1,200 construction jobs and represents a $700 million investment in the Toledo Region. This project was made possible due to partnerships between the Port Authority, JobsOhio, Midwest Terminals of Toledo, City of Toledo, Lucas County, Regional Growth Partnership, and the Ohio Rail Development Commission.


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