Cleveland Cliffs Inc (CLF)

[Democritus_of_Abdera]

RE: Nashwauk threat to CLF HBI..

Can you share any updates on the status of the prior Essar mine that have led you to conclude that “Clarke is steam rolling ahead in Nashwauk”.

Last I heard it seemed that Clarke’s Nashwauk initiative was stalled; i.e. from the Nov 21, 2017 blog post of Minnesota Brown (http://minnesotabrown.com/2017/11/make-break-moment-range-mining.html)

Chippewa Capital Partners told the Itasca County Board earlier this month that they’re still formulating a financial plan. They have paid off some debts and invested money, but the bulk of what they need remains in the pockets of would-be investment firms. That’s very much the same thing that Essar Steel Minnesota used to say when it ran the project.