Cliffs Natural Resources Information

Cliffs Natural Resources Inc. is a leading mining and natural resources company. Founded in 1847, Cliffs Natural Resources Inc. is recognized as 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. Cliffs also operates an iron ore mining complex in Western Australia. Driven by the core values of safety, social, environmental and capital stewardship, Cliffs' employees endeavor to provide all stakeholders operating and financial transparency. For more information, visit www.cliffsnaturalresources.com Cliffs operates under a strong framework of Core Values globally. These core values include: •Safe Production •Environmental Stewardship •Ethical Behavior •Customer Focus •Creating Economic Value •Group and Individual Accountability •Trust, Respect and Open Communication •Bias for Action •Teamwork •Recognize and Reward Achievement