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Cliffs restructures Bloom Lake iron ore mine, seeks creditor protection

Cecilia Jamasmie | January 27, 2015 | 8:03 pm Energy Asia Australia Canada Europe Coal Iron Ore 

[caption id="attachment_816110" align="aligncenter" width="600"] The move will help Cliffs insulate itself from the vast majority of the $650 million to $700 million in closure costs tied to the company's mothballed assets in Canada.[/caption] Cliffs Natural Resources (NYSE:CLF) has decided to...

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