Cliffs Natural Resources Receives Business of the Year Award

The company received the Business of the Year award from the Laurentian Chamber of Commerce.

DULUTH, Minn. – Cliffs Natural Resources celebrated its 170th anniversary, as well as a pretty important award. Cliffs has been named business of the year by the Laurentian Chamber of Commerce. The company said their moving forward and making decisions to be around for another one hundred years.

The award was given by the chamber that represents several iron range communities.The CEO of Cliffs pointed out the company’s successes in getting their debt under one billion and bringing many jobs back to the range the mustang pellet project and at United Taconite.

“We are not back as good as we were, we are a lot better than what we were because now we are real. Now we are not putting our foundation in soft soil. We have a real good foundation,” said Lourenco Goncalves, Cliffs CEO.

Goncalves also viewed the company’s success as a result of steel tariffs working and that he and President Trump’s stance on trade is in line with his and he hopes that President Trump comes to see the Iron Range and Cliff’s mines for himself.

“I hope that if he comes here, he comes to visit a real pellet plant like utac or a real operation with a future like north shore. I hope that he doesn’t waste his time by visiting dying operations,” said Concalves.

Goncalves also addressed the former Essar Steel site and how cliffs might like to take that project over in Nashwauk which was half finished.

He feels the Iron Range needs to have a united front and not listen to other quote, “fly by night” operations and interests.

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