Cliffs Natural Resources to Halt Development of Chromite Project Indefinitely
November 20, 2013 at 19:41 PM EST
Cliffs Natural Resources (NYSE: CLF ) announced today that its affiliate, Cliffs Chromite Ontario Inc., will suspend indefinitely its Chromite Project in Northern Ontario by the end of the fourth quarter of 2013. The Company determined that it will not allocate additional capital for the project given the uncertain