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Cliffs Natural Resources Outlines $1 Billion in 2012 Capital Spending

metals_minerals

Industry Segment: Metals & Minerals | Word Count: 556 Words

SUGAR LAND--January 23, 2011--Researched by Industrial Info Resources (Sugar Land, Texas)--Miner Cliffs Natural Resources Incorporated (NYSE:CLF) (Cleveland, Ohio) last week announced that the company is planning capital expenditures of approximately $1 billion in 2012. Of this, approximately $300 million will be for sustaining capital and $700 million for growth and productivity improvement.

As part of our North American and International Metals & Minerals Project Database, Industrial Info is tracking more than $5.6 billion of under-way and planned projects belonging to Cliffs.


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