CLEVELAND (BUSINESS WIRE) – Cleveland-Cliffs Inc. (NYSE: CLF) announced today in a press release that employees represented by United Steelworkers (USW) at Tilden and Empire mines in Michigan as well as United Taconite and Hibbing Taconite mines in Minnesota have ratified a new 47-month labor agreement.
The agreement becomes effective on Oct. 1, 2022 and covers approximately 2,000 USW-represented employees at Cleveland-Cliffs Mining and Pelletizing locations in Northern Minnesota and in the Upper Peninsula of Michigan.
“We are pleased to reach new labor agreements that are fair, equitable and beneficial for our employees, their families and the company,” Lourenco Goncalves, chairman, president and CEO said. “With a strong and loyal workforce, we are confident that Cleveland-Cliffs will continue to be the benchmark in the iron and steel industry. We thank all the members of the USW and Cliffs negotiating teams for their dedication to reach these agreements.”