Cleveland-Cliffs Reports Mine Safety Event
Ticker: CLF · Form: 8-K · Filed: Mar 29, 2024 · CIK: 764065
Sentiment: neutral
Topics: mine-safety, regulatory-filing
TL;DR
Cliffs reported a mine safety issue on 3/26. Keep an eye on production.
AI Summary
On March 26, 2024, Cleveland-Cliffs Inc. reported a mine safety event. The company is required to report shutdowns and patterns of violations under Mine Safety regulations. This filing serves as notification of such an event.
Why It Matters
This filing indicates a potential operational disruption or safety concern at one of Cleveland-Cliffs' mining facilities, which could impact production and investor confidence.
Risk Assessment
Risk Level: medium — Mine safety events can lead to operational shutdowns, regulatory scrutiny, and potential production impacts, affecting the company's financial performance.
Key Players & Entities
- CLEVELAND-CLIFFS INC. (company) — Registrant
- March 26, 2024 (date) — Date of earliest event reported
- 200 Public Square, Suite 3300, Cleveland, Ohio 44114-2315 (address) — Principal Executive Offices
FAQ
What specific mine safety event is Cleveland-Cliffs Inc. reporting?
The filing states that the report is related to 'Mine Safety - Reporting of Shutdowns and Patterns of Violations' as of March 26, 2024, but does not detail the specific event.
What is the date of the earliest event reported in this filing?
The date of the earliest event reported is March 26, 2024.
What is the principal executive office address for Cleveland-Cliffs Inc.?
The principal executive office address is 200 Public Square, Suite 3300, Cleveland, Ohio 44114-2315.
Under which section of the Securities Exchange Act is this Current Report filed?
This Current Report is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
Has Cleveland-Cliffs Inc. changed its name or address recently?
The filing lists former names 'CLIFFS NATURAL RESOURCES INC.' and 'CLEVELAND CLIFFS INC.' with dates of name changes in 2008 and 1992, respectively. It does not indicate a recent address change.
Filing Stats: 504 words · 2 min read · ~2 pages · Grade level 12.7 · Accepted 2024-03-29 16:10:38
Key Financial Figures
- $0.125 — h registered: Common Shares, par value $0.125 per share CLF New York Stock Exchange
Filing Documents
- clf-20240326.htm (8-K) — 26KB
- 0000764065-24-000076.txt ( ) — 151KB
- clf-20240326.xsd (EX-101.SCH) — 2KB
- clf-20240326_lab.xml (EX-101.LAB) — 22KB
- clf-20240326_pre.xml (EX-101.PRE) — 13KB
- clf-20240326_htm.xml (XML) — 3KB
04 Mine Safety - Reporting of Shutdowns and Patterns of Violations
Item 1.04 Mine Safety - Reporting of Shutdowns and Patterns of Violations Section 1503(b)(1) of the Dodd-Frank Act requires the disclosure on a Current Report on Form 8-K of the receipt of an imminent danger order (an "Order") under section 107(a) of the Federal Mine Safety and Health Act of 1977 issued by the Mine Safety and Health Administration ("MSHA"). On March 26, 2024, Northshore Mining Company (the "Company"), a wholly-owned subsidiary of Cleveland-Cliffs Inc., received an Order from MSHA regarding an employee observed working on a railroad car in an elevated position without fall protection. The employee came down from the elevated position, and the Order was subsequently terminated. The condition cited in the Order referred to above did not result in an accident or injury and did not have a material adverse impact on the Company's operations at the mine. 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CLEVELAND-CLIFFS INC. Date: March 29, 2024 By: /s/ James D. Graham Name: James D. Graham Title: Executive Vice President, Chief Legal and Administrative Officer & Secretary 3