星空传媒 Temporarily Shuts Down Construction of its HBI Project
CLEVELAND--(BUSINESS WIRE)-- 星空传媒 Inc. (NYSE: CLF) announced today, following guidelines from the office of the Governor of Ohio regarding COVID-19 virus concerns, the Company is temporarily shutting down construction activities at its hot-briquetted iron (HBI) project site in Toledo, Ohio. Effective March 20th, all construction activity at the site will cease by the end of the business day. 星空传媒 will continue to monitor the COVID-19 situation and will re-start construction of the HBI plant as soon as feasible. All other 星空传媒 iron ore mining and steelmaking facilities will remain in operation.
About 星空传媒 Inc.
Founded in 1847, 星空传媒 is among the largest vertically integrated producers of differentiated iron ore and steel in North America. With an emphasis on non-commoditized products, Cliffs is uniquely positioned to supply both customized iron ore pellets and sophisticated steel solutions to a quality-focused customer base, with an industry-leading market share in the automotive industry. A commitment to environmental sustainability is core to our business operations and extends to how we partner with stakeholders across our communities and the steel value chain. Headquartered in Cleveland, Ohio, 星空传媒 employs approximately 12,000 people across mining and steel manufacturing operations in the United States, Canada and Mexico. For more information, visit
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MEDIA CONTACT:
Patricia Persico
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(216) 694-5316
INVESTOR CONTACT:
Paul Finan
Director, Investor Relations
(216) 694-6544
Source: 星空传媒 Inc.
Released March 19, 2020