%PDF-1.2 % 20 0 obj << /Linearized 1 /O 22 /H [ 733 215 ] /L 29471 /E 18853 /N 3 /T 28953 >> endobj xref 20 16 0000000016 00000 n 0000000667 00000 n 0000000948 00000 n 0000001103 00000 n 0000001217 00000 n 0000002007 00000 n 0000002709 00000 n 0000003251 00000 n 0000003616 00000 n 0000006128 00000 n 0000006256 00000 n 0000013367 00000 n 0000014049 00000 n 0000014473 00000 n 0000000733 00000 n 0000000927 00000 n trailer << /Size 36 /Info 19 0 R /Root 21 0 R /Prev 28943 /ID[<658189cf243d899429749183cdb0692f><658189cf243d899429749183cdb0692f>] >> startxref 0 %%EOF 21 0 obj << /Type /Catalog /Pages 8 0 R /JT 18 0 R >> endobj 34 0 obj << /S 82 /Filter /FlateDecode /Length 35 0 R >> stream Hb```f``b 1ђ LbW1QB * `g`2<@ )be``P9p[+rR endstream endobj 35 0 obj 110 endobj 22 0 obj << /Type /Page /Parent 8 0 R /Resources 23 0 R /Contents 28 0 R /MediaBox [ 0 0 612 1008 ] /CropBox [ 0 0 612 1008 ] /Rotate 0 >> endobj 23 0 obj << /ProcSet [ /PDF /Text ] /Font << /F2 25 0 R /F6 24 0 R >> /ExtGState << /GS1 29 0 R >> >> endobj 24 0 obj << /Type /Font /Subtype /Type1 /FirstChar 32 /LastChar 181 /Widths [ 250 333 555 500 500 1000 833 278 333 333 500 570 250 333 250 278 500 500 500 500 500 500 500 500 500 500 333 333 570 570 570 500 930 722 667 722 722 667 611 778 778 389 500 778 667 944 722 778 611 778 722 556 667 722 722 1000 722 722 667 333 278 333 581 500 333 500 556 444 556 444 333 500 556 278 333 556 278 833 556 500 556 556 444 389 333 556 500 722 500 500 444 394 220 394 520 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 500 500 250 250 250 250 250 747 250 250 250 250 250 250 250 570 250 250 250 556 ] /Encoding /WinAnsiEncoding /BaseFont /AECPOK+Times-Bold /FontDescriptor 27 0 R >> endobj 25 0 obj << /Type /Font /Subtype /Type1 /FirstChar 32 /LastChar 181 /Widths [ 250 333 408 500 500 833 778 180 333 333 500 564 250 333 250 278 500 500 500 500 500 500 500 500 500 500 278 278 564 564 564 444 921 722 667 667 722 611 556 722 722 333 389 722 611 889 722 722 556 722 667 556 611 722 722 944 722 722 611 333 278 333 469 500 333 444 500 444 500 444 333 500 500 278 278 500 278 778 500 500 500 500 333 389 278 500 500 722 500 500 444 480 200 480 541 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 333 444 444 0 500 1000 0 0 0 0 0 0 0 0 250 0 500 500 0 0 0 0 0 760 0 0 0 333 0 0 0 564 0 0 0 500 ] /Encoding /WinAnsiEncoding /BaseFont /AECPOI+Times-Roman /FontDescriptor 26 0 R >> endobj 26 0 obj << /Type /FontDescriptor /Ascent 699 /CapHeight 662 /Descent -217 /Flags 34 /FontBBox [ -168 -218 1000 898 ] /FontName /AECPOI+Times-Roman /ItalicAngle 0 /StemV 84 /XHeight 450 /CharSet (/four/E/S/parenright/p/quotedblleft/T/five/q/U/g/emdash/asterisk/B/r/spa\ ce/six/b/V/C/s/a/seven/c/W/D/l/comma/t/eight/e/hyphen/u/quotedblright/ni\ ne/H/f/I/Y/v/period/colon/Z/h/P/J/F/w/dollar/slash/d/i/L/endash/percent/\ N/y/zero/j/semicolon/M/z/n/one/A/k/O/two/m/quoteright/x/Q/three/o/parenl\ eft/R/K) /FontFile3 30 0 R >> endobj 27 0 obj << /Type /FontDescriptor /Ascent 699 /CapHeight 676 /Descent -205 /Flags 262178 /FontBBox [ -168 -218 1000 935 ] /FontName /AECPOK+Times-Bold /ItalicAngle 0 /StemV 139 /XHeight 461 /CharSet (/zero/X/eight/M/T/u/A/H/O/g/nine/two/Z/C/o/R/c/D/l/N/four/E/S/e/G/hyphen\ /n/five/U/I/period/r/space/h/P/V/F/s/a/W/i/K/L/t) /FontFile3 33 0 R >> endobj 28 0 obj << /Length 2458 >> stream 1 g /GS1 gs 1 i 18.21 989.85 575.76 -444.96 re f BT /F2 1 Tf 12 0 0 12 25.65 967.77 Tm 0 g 0 Tc 0 Tw ( )Tj /F6 1 Tf 10.079 0 0 10.079 197.97 941.13 Tm -0.0001 Tc 0.0001 Tw (SECURITIES AND EXCHANGE COMMISSION)Tj 5.6672 -2.6431 TD 0 Tc 0 Tw (Washington D.C. 20549)Tj ET 0.5 g 233.25 896.01 145.68 -0.48 re f BT 10.079 0 0 10.079 281.25 869.61 Tm 0 g -0.0001 Tc 0.0001 Tw (FORM 8-K)Tj -2.1907 -1.2382 TD (CURRENT REPORT)Tj /F2 1 Tf -2.9527 -2.5717 TD 0 Tc 0 Tw (Pursuant to Section 13 or 15\(d\) of the)Tj 0.9763 -1.1192 TD (Securities Exchange Act of 1934 )Tj -21.1925 -2.524 TD (Date of Report \(date of earliest event reported\): November 13, 2001 )Tj /F6 1 Tf 13.44 0 0 13.44 224.37 765.2101 Tm (CLEVELAND-CLIFFS INC)Tj ET 0.5 g 25.65 760.17 560.88 -0.48 re f BT /F2 1 Tf 10.079 0 0 10.079 200.61 748.65 Tm 0 g (\(Exact name of registrant as specified in its charter\) )Tj 12 0 0 12 25.65 735.6901 Tm 2.09 Tc [( )-13540( )-10760( )]TJ 10.079 0 0 10.079 108.45 723.9301 Tm 0 Tc 8.9175 Tw [(OHIO)-8192.7( 1-8944 )2785.1( )1000.1(34-1464672)]TJ ET 0.5 g 25.65 720.09 190.32 -0.48 re f BT 10.079 0 0 10.079 216.21 712.6501 Tm 0 g 0 Tw ( )Tj ET 0.5 g 244.29 720.09 156.96 -0.48 re f BT 10.079 0 0 10.079 401.49 712.6501 Tm 0 g ( )Tj ET 0.5 g 429.57 720.09 156.96 -0.48 re f BT 10.079 0 0 10.079 67.17 701.3701 Tm 0 g (\(State or other jurisdiction)Tj 1.9049 -1.1192 TD [(of incorporation\))-6078.8( )]TJ 20.7639 1.1192 TD (\(Commission)Tj -0.0238 -1.1192 TD [(File Number\) )-4859.3( )]TJ 18.0493 1.1192 TD (\(IRS Employer)Tj -0.7144 -1.1192 TD (Identification No.\))Tj 12 0 0 12 25.65 677.1301 Tm 23.59 Tc [( )21500( )14020( )16820( )]TJ 10.079 0 0 10.079 86.85 665.3701 Tm 0 Tc [(1100 Superior Avenue, Cleveland, Ohio)-6204.1( )-13965.6( )-2940.8(44114)-2929.3( )]TJ ET 0.5 g 25.65 661.53 285.84 -0.48 re f BT 10.079 0 0 10.079 311.73 654.0901 Tm 0 g 13.9656 Tc ( )Tj ET 0.5 g 457.65 661.53 84 -0.48 re f BT 10.079 0 0 10.079 541.89 654.0901 Tm 0 g 0 Tc ( )Tj -45.0519 -1.1192 TD [(\(Address of principal executive offices\))-6333.8( )-13965.6( )-1964.5(\(Zip Code\))]TJ -6.1673 -2.524 TD [(Registrants telephone number, including area code: )-249.9(\(216-694-5700\))]TJ ET 0 G 0 J 0 j 0.24 w 10 M []0 d 241.17 616.41 m 305.01 616.41 l S BT 12 0 0 12 25.65 590.2501 Tm ( )Tj ET 0.5 g 188.37 585.93 235.44 -0.48 re f BT 10.079 0 0 10.079 180.93 574.41 Tm 0 g (\(Former name or former address, if changed since last report\))Tj 12.2869 -2.6907 TD ( )Tj ET endstream endobj 29 0 obj << /Type /ExtGState /SA false /SM 0.02 /OP false /BG 32 0 R /UCR 31 0 R /HT /Default /TR /Identity >> endobj 30 0 obj << /Filter /FlateDecode /Length 7019 /Subtype /Type1C >> stream H|T PTWFF~։f\AŅE"$FhFAfY (&ąDA1 b"jHYQǹt2j2UWuխwns;LM0):M> r@e,Mz%'8e±goʉ-l;Je/$[ӽ|h^S8nV|i'U딉i*EtL%K]VX&z]D'4R.jOBRTɒK$i\$M$P4V% D&IV"2N2JHP&%%Ro,!Q(8p"R!S)߰oi6fF`VoÔaQ7HLW&u&wLV|BM0:#C÷6n0=\bb^=vlM '}/,c- 6 j =:#a' Rt&}Vf;8v.nپtQ蒃WDk^*'n W@<5CTzf[Xɧ_yx>vUT̷,7"/kꑉYBo:vsjMԵ ;3s].Q' MP5@R3u6˰OfW$X WOEo]ξ˟AДXH^p*ʊt1kVezF2_f?o(УBl__P_VwZ*Ņkg}亯ކEuSKv3 5 L8nʟyX[1w*U{"5E%E">/;5SX6N{kXM#GGGy0m_:TЀ7qvh-:P>c@ 'N!O?6;u_p|oE)2Hpԟ@-w/E8:j7(cY4 lgZt EZÛCUmFMSeCۦx2ۆgEu5W<\/sʮ3-C{6|X1"9IdC2]LEE}s ђ\$!8uSawlJRa>޷~h?/d,#ΚǓ㱫zկ1%#侱ț'XlQ{!"dS,R7"?JAȲ%@2X RX27NKa-V@y!\O+ƥF28gͥ{O\hgH(nXmFP3i Sĕ]4aB n DV asdK'ϲŅ`ϋ+` fcwkdiٻ` `C.3~L* ?r#UZ*f9b5Y 2OrrvEqfqDZFѳ՝o]$)5FZW Cs #0 3 1(32SDJ Q$d7ݯJ}bo:(3 ).KYܯݑrw+$~B=:~wL:/O3zC@]ުbsi w &S` 2mMt:/pCd-[)p(vj;/Lzr@.GYYlBẴ@9):!Xǣ/q&a g";h؁T>8履f0^Fj͓,&s=[i.jP)^3cJ izd$?{U ɔΉ6u,QUd{ V/e=f*Rؘ5x O'7|9{O`u]KA; gn65^ 2&ZaK_*b BV> Å;u:+'![X:lUӳwoTxAÝB:į 2t$1jc *ӗXf)O 9-%)$^)M6ŷb1;Ve,V^~}gQ.cU>iz‹S?e ,ç@q \r:4K8^[Ѫ@ ]@MRu͵2Vm}6񼅶fhؿ5*.-זצr^!c1D+f,s. `H`faG#' xw%ڋ lDϠ:̌a #q:-;u}mtR?[иKT$nQ؟v?qi>Wpb,\>RB',d}bKv= & 9$Odԓt +4&&QLCx2y:֗\qVvY= O*%#7 BLJowr !Ëy)D%ʥdqw'+OZ%%׃DA$D@p>랄峾A~rYK;cx]K}%J.tQ7Nx)ru` mGuΣyQ<~fYlpeGUQ[6`3}"/Q4oLmi^0F!?Vq*a|I-jEf>#JlԌta`;2A6>K2ZгSl=P~ >؏o,$Ƹ4]fj:>qKFE1=wxWYVly+"Ϫ6HVZضQT?.{zdV񟽲rATm2X'0b& ΃,WP6r4`O@HRw?'٨ ~ꓻ g|[ nB˳3]qpaHnvSr3b>ⴡ6j#ł=ZW騔E7{a*˳X<# dLC <0霋sBCx|㘥?.$a ,hX< }*㈮t3z*uu>Lw&jf֗}7rO^$pr>,r /#^O=tXf)xnwbQυD*&GbZI:xԟo)pahezdg(z!ͅ%%~RxW.^peX2p%-) AூhZc*Ci6KbI&ŰP]Hժ L0.[x_z0~(אָ[f`8Ɏ ?  7#CLb ?[o`5_lYuFyvc'yGxD3p>Z7(!0u9R\&ůvuΡc2ʌ( .ڸVzŢ U `X/M>w'vVjNHS(y|L&C]]"%"ݣeE7KVf6Z%Xe͛Qb?Y92wSI?Q_ eReJy${Y>h S" oGC;qd!TqAARKAo[P)/ʡT*m6#SDNxY0BEtU?Ls(<fgfeg*و8߃1tE w'KzQe&Vc_IlW&3ȗ&ODOB KPs~ssOTX󛰿)gew;3ߓ^b]D> )x ϏfJц9Z$G NQ]) `Q R IH6f&]gI)ӗyo}hB/; r0Py2D%Ci<잫QWzzډsfI_*N vmEmɚhE$.Ƣ ni.Fņ19*թuV΃:>D& zv$q._5|HN ='{hWTĵp_/ⲮLڡdDdx[ȡx(*X:ghށn^Р$)3\L`yґ²r}}Pv-yFI ھ^0с]_߷楺4@Wb oVOz>>V00=3-&Yӊ.P%TlGߑ zL&)iȟwGNT8ϧޕY7]);y@= @!6EtכcOMUu͝ qQq!ܬk J L R*ۉjQiJutƃMD "<{Ahjr>hX\t՟L(V g0 !֙a)+.* stߣk֠6hCo ͹TKm9r34N8#xcToaHD"͠!F#•/obTUf$_mgpV_ɨVܱt"Wk]uE82@|:+iU,V6]n/oO^(٘~F` @骑*s?9adc|sV ŭf24ͅMCJP_ˉ=Fʦ=jC^]Rh`pjIuC{i*cnVxs.^E."Ao *Y!骹Zy6vΙӵf:2fhQЍ!])xEsϋ~|y,bf8/҅Sr3g'1wqd<أ)j2 c,1;Hq 5uPy ij"7D5~o a{ 'pӥ]BLR X: & gƧL6"aq*g)ã/.2H< |U(&r9^#,1ԀtL}JQl Yb6DHj{tVӰp)6.oO ڙҼX!Hd^W9*Irz .L&|eڬD;6Ԃ~s! 6}@뼝.-zw GE|jݟl1)N]0s҈QcZ!?)H nUc뼗PKPJP17ڍb go^y{mE-^vznc|祝h+-yL;WnA89KoHF)ȁcf+dTus_ˉnV x$AV-Ɂ˲|U6&MbP8" s L~%-'t5-.tLQ=QG*P# endstream endobj 31 0 obj << /FunctionType 0 /Domain [ 0 1 ] /Range [ -1 1 ] /BitsPerSample 16 /Size [ 256 ] /Length 527 /Filter /FlateDecode >> stream H  !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~ ? endstream endobj 32 0 obj << /FunctionType 0 /Domain [ 0 1 ] /Range [ 0 1 ] /BitsPerSample 8 /Size [ 256 ] /Length 271 /Filter /FlateDecode >> stream H  !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~  endstream endobj 33 0 obj << /Filter /FlateDecode /Length 4136 /Subtype /Type1C >> stream H\TiTWzJHV:. FP1,KDhmh(Q(t#4K11ZJT\Q<=.Ѩ1$9GjoFxr^{y=hFDN03hNF)wT9ͽ"(y-S Izja7ч ߋZJM^1x4Kv|EᏩ# aF{=1Ì42avan)3j-bJ)ma6r I\Tj5Ĕ4Sf`I7fdY M )Yic,!C9zYnFZFa}{ͲgiV)_b))?1DJQ)jEEyPq@SU(EFʓ" Rc}<<U5*q2ƓeK{^I^wx۽e_%}0M{_߾}O35ʇa xѭ`SA phC/1ʯbLɪc8jѡΎ#:MG-\D79]0X.Y/X>Z* C!yX;1H 6xCP4'CiEX2XJ6 a!0Z w?a$=Cf$|rN݋}p `>OOui~z L0-PɑQN^J¶)hb :F XZr;'|Uvz3 Bl,I %xκDG5xi;m>7ކIXso''(5 jB7<82:j=43oN8%?m|p}>G)jnطMzWK ؘk].֖GF} 0bxOe  OӍʪz=Y^S_<*W.]y"a"݌\ g+9I匔E΁EW[fDP"UGcM]fͯ,W&p ؞MXnOB"09YgTߕOZ `0ߣٌ$?;:L4⇘Z u{/Tּ}`N<6TlU$GmkIf g7KWu3qL\XآT+ߍRA ZC N=n?^ͻ HٞT*VQ@Z+(60g.`[ȳSM0k_rNP%'ς;Ƌ]0Jο8J}>tv؏ (K"Uk<#mODfĵӱË} Kh4C$fa/.~k~3y(s&( Wo}(({NO*=+?]ӁN=]U?Tۙ'QBY!q>^Q%/ڪNT vޮT,Tr^Y$m'cZU6o"W^}5PkH|m[n=hP+@2#qsSp( _V4\w_:{z+*quxA IyUEe4/()0԰<:8[$N]lsJV bЪn([_˕ ?7sRN-X,Ջgb.ju]^6UtKo0ٛ6[(,acTGI\UrC6Enɋl,lҪ:{W3뇷j;)!ozH.9Eħ5hu0lbkjE͛A͘-٤:FZ"IkaX"Lxt+91R8E#)vnp.PRXs(ʟF:43o0= :ZFu^4&ЄȎƁyaSYDW ەB͢*ވ4轙 ى "4 %Y'LkAN#J#R۸\?zbd4]<8 /IvγMFB>"_E #'f1HHtXg1[l8$N $h"IDc tU8u ȼmzi)9(eHA͎㜬M=bjBSk͏9Cf̑dhK"`|U+!uzU(!"$JcA, )r&CC3GϽ@% Yt|.H+e W`xPUP*qc; J?ATSY#NUZsvCs9bW~޿?InY E61TVDkI 8vsWaŔU *|ά$D43 }|x`+)q]fn(ڟHk?5n(.?.; 1iET*!vb}uܿl̎_*VE3qtL{q;C  X] KAR0*J.H--S"P=#- nI]@S YfUxTIwU7ߊgu',cŮutPsZ~٤ 7݊3x?bDe^Bo՚F9 54{clY 5-b5s3 ˌu,~^S_w[Qj]@n 63kk 0y :Y,’6mcc9 eTg&Bj3ǻq R{S37X` 0n7f7.#,f8aUNJv M*x1gܟ_v~@ٰfQ -~~:Cd5KafOESqb4Mv/hb"Q f,gxwcCN)Œ>fg=J.+V7Ӻ}BG'.ڠ"hI&aKo4-ğ1'pw&c_{,#̓tLrVeUcimyIس'W8"KЁė؊a>f܀W!!I\X bK,> endobj 2 0 obj << /ProcSet [ /PDF /Text ] /Font << /F2 25 0 R /F6 24 0 R /F12 7 0 R >> /ExtGState << /GS1 29 0 R >> >> endobj 3 0 obj << /Length 5121 >> stream 1 g /GS1 gs 1 i 18.21 989.85 575.76 -489.36 re f BT /F2 1 Tf 12 0 0 12 25.65 979.05 Tm 0 g 0 Tc 0 Tw ( )Tj /F6 1 Tf 10.079 0 0 10.079 25.65 952.41 Tm (ITEM 9. Regulation FD Disclosure.)Tj /F2 1 Tf 0 -2.5717 TD ( ǿմý Inc published a News Release on November 13, 2001 as follows: )Tj /F6 1 Tf 10.4058 -2.5955 TD -0.0001 Tc 0.0001 Tw (CLEVELAND-CLIFFS ANNOUNCES EMPIRE MINE OPTIMIZATION PLAN)Tj /F12 1 Tf -10.4058 -2.5717 TD 0 Tc 0 Tw (CLEVELAND, OH, November 13, 2001 )Tj /F2 1 Tf 16.6625 0 TD ()Tj /F12 1 Tf 0.9999 0 TD ( ǿմý Inc \(NYSE:CLF\) announced today an optimization plan for the Empire )Tj -17.6624 -1.1192 TD (Mine, near Palmer, Michigan that will be implemented in January 2002. The plan calls for annual pellet production of the iron o)Tj 51.2663 0 TD (re )Tj -51.2663 -1.1191 TD (mining and processing facility to be reduced to approximately 6 million tons of pellets from 8 million tons. This action reflec)Tj 50.0755 0 TD (ts the )Tj -50.0755 -1.1192 TD (inability of the plant)Tj /F2 1 Tf 8.1383 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s older sections to economically process the ores Empire is now mining. Empire)Tj /F2 1 Tf 32.0771 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s labor force could be reduced by )Tj -40.8813 -1.1192 TD (as many as 300 employees, or about one-third of the current workforce. Reductions will occur in both the salaried and hourly wo)Tj 51.5693 0 TD (rkforce. )Tj -51.5693 -2.524 TD ( Thomas J. O)Tj /F2 1 Tf 6.3324 0 TD ()Tj /F12 1 Tf 0.333 0 TD (Neil, Cliffs)Tj /F2 1 Tf 4.4996 0 TD ()Tj /F12 1 Tf 0.333 0 TD ( president and chief operating officer, said, )Tj /F2 1 Tf 17.4104 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Cliffs and the Empire employees have been working diligently )Tj -29.3523 -1.1192 TD (to improve the mine)Tj /F2 1 Tf 8.0823 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s viability and position as a competitive iron ore supplier to the North American steel industry. However, the mine)Tj /F2 1 Tf 45.7689 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s )Tj -54.5171 -1.1192 TD (cost structure coupled with the worst iron and steel market in memory forced the decision to reduce its annual pellet productio)Tj 50.4874 0 TD (n.)Tj /F2 1 Tf 0.7499 0 TD ()Tj /F12 1 Tf 0.444 0 TD ( )Tj -51.6813 -2.524 TD ( O)Tj /F2 1 Tf 1.9718 0 TD ()Tj /F12 1 Tf 0.333 0 TD (Neil added, )Tj /F2 1 Tf 4.8596 0 TD ()Tj /F12 1 Tf 0.444 0 TD (The optimization of Empire Mine, which has been carefully considered, will maximize the use of Empire)Tj /F2 1 Tf 42.1282 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s most )Tj -50.0695 -1.1192 TD (efficient production equipment. We anticipate that the fully implemented optimization plan will reduce Empire)Tj /F2 1 Tf 44.435 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s costs by 5 )Tj /F2 1 Tf 4.8886 0 TD ()Tj /F12 1 Tf 0.5 0 TD ( 10 percent. )Tj -50.1565 -1.1192 TD (While we deeply regret the employee reductions, this action is necessary to protect Empire)Tj /F2 1 Tf 36.3227 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s future and the remaining jobs. The U.S. )Tj -36.6557 -1.1191 TD (economy is very uncertain at this time, and I thank all of our employees for their efforts as we attempt to steer through these)Tj 49.6535 0 TD ( rough )Tj -49.6535 -1.1191 TD (commercial waters.)Tj /F2 1 Tf 7.8303 0 TD ()Tj /F12 1 Tf 0.444 0 TD ( )Tj -8.2742 -2.5241 TD ( The Empire Mine currently employs 890 people. A number of employees will be eligible to retire and some of the workers wil)Tj 51.9043 0 TD (l have )Tj -51.9043 -1.1191 TD (an option to transfer to other operations. Empire will provide outplacement support through Michigan Works. )Tj 0 -2.524 TD ( Cliffs will record a restructuring charge of about $1 million in the fourth quarter of 2001 to recognize its share of the )Tj 48.1816 0 TD (costs associated )Tj -48.1816 -1.1192 TD (with the restructuring. The Empire Mine is owned by subsidiaries of Ispat International N.V. \(40%\), and LTV Corporation \(25%\) a)Tj 52.5142 0 TD (nd )Tj -52.5142 -1.1192 TD (The ǿմý Iron Company \(35%\) which is also manager of the operation. The mine is expected to produce about 6.5 milli)Tj 52.6542 0 TD (on )Tj -52.6542 -1.1192 TD (tons of pellets this year and is currently planning to produce about 6.3 million tons in 2002. )Tj 24.5261 -2.5241 TD (* * * * * * * * * )Tj -24.5261 -2.524 TD ( ǿմý is the largest supplier of iron ore products to the North American steel industry and is developing a sig)Tj 49.1565 0 TD (nificant )Tj -49.1565 -1.1192 TD (ferrous metallics business. Subsidiaries of the Company manage and hold equity interests in five iron ore mines in Michigan, Mi)Tj 51.4633 0 TD (nnesota, )Tj -51.4633 -1.1192 TD (and Eastern Canada. Cliffs has a major iron ore reserve position in the United States and is a substantial iron ore merchant. R)Tj 50.0435 0 TD (eferences in )Tj -50.0435 -1.1192 TD (this news release to )Tj /F2 1 Tf 8.0533 0 TD ()Tj /F12 1 Tf 0.444 0 TD (Cliffs)Tj /F2 1 Tf 2.2778 0 TD ()Tj /F12 1 Tf 0.444 0 TD ( include subsidiaries and affiliates as appropriate in the context. )Tj 16.3551 -2.6907 TD (2)Tj ET endstream endobj 4 0 obj << /Type /Page /Parent 8 0 R /Resources 5 0 R /Contents 6 0 R /MediaBox [ 0 0 612 1008 ] /CropBox [ 0 0 612 1008 ] /Rotate 0 >> endobj 5 0 obj << /ProcSet [ /PDF /Text ] /Font << /F2 25 0 R /F6 24 0 R /F12 7 0 R >> /ExtGState << /GS1 29 0 R >> >> endobj 6 0 obj << /Length 2919 >> stream 1 g /GS1 gs 1 i 18.21 989.85 575.76 -971.76 re f BT /F12 1 Tf 12 0 0 12 25.65 979.05 Tm 0 g 0 Tc 0 Tw ( )Tj 10.079 0 0 10.079 25.65 953.13 Tm ( This news release contains predictive statements that are intended to be made as )Tj /F2 1 Tf 33.546 0 TD ()Tj /F12 1 Tf 0.444 0 TD (forward-looking)Tj /F2 1 Tf 6.5534 0 TD ()Tj /F12 1 Tf 0.444 0 TD ( within the safe harbor protections )Tj -40.9873 -1.1191 TD (of the Private Securities Litigation Reform Act of 1995. Although the Company believes that its forward-looking statements are )Tj 51.4623 0 TD (based on )Tj -51.4623 -1.1192 TD (reasonable assumptions, such statements are subject to risks and uncertainties. )Tj 0 -2.5241 TD ( Actual results may differ materially from such statements for a variety of factors, such as: changes in the iron ore requi)Tj 48.8186 0 TD (rements of )Tj -48.8186 -1.1191 TD (North American integrated steel producers due to electric furnace production and/or imports of finished and semi-finished steel)Tj 50.9294 0 TD (, pig iron )Tj -50.9294 -1.1191 TD (or iron ore; adverse changes in the financial condition of the Empire Mine owners; rejection of major contracts or agreements b)Tj 50.9844 0 TD (y the )Tj -50.9844 -1.1192 TD (Empire Mine owners under provisions of the U.S. Bankruptcy Code; major equipment failures and process difficulties; and the )Tj T* (availability and cost of key production components, e.g., labor, electric power, fuel and water. )Tj 0 -2.524 TD ( Reference is made to the detailed explanation of the many factors and risks that may cause such predictive statements to t)Tj 49.8475 0 TD (urn out )Tj -49.8475 -1.1192 TD (differently, as set forth in the Company)Tj /F2 1 Tf 15.7466 0 TD ()Tj /F12 1 Tf 0.333 0 TD (s Annual Report for 2000 and Reports on Form 10-K and 10-Q and previous news releases filed )Tj -16.0795 -1.1192 TD (with the Securities and Exchange Commission, which are available publicly on Cliffs)Tj /F2 1 Tf 34.2159 0 TD ()Tj /F12 1 Tf 0.333 0 TD ( web site. The information contained in this )Tj -34.5489 -1.1191 TD (document speaks as of the date of this news release and may be superceded by subsequent events. )Tj 0 -2.524 TD ( Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be )Tj 49.8495 0 TD (signed on its )Tj -49.8495 -1.1192 TD (behalf by the undersigned, hereunto duly authorized. )Tj 12 0 0 12 229.41 751.05 Tm ( )Tj /F6 1 Tf 10.079 0 0 10.079 229.41 738.5701 Tm -0.0001 Tc 0.0001 Tw (CLEVELAND-CLIFFS INC)Tj /F12 1 Tf 0 -1.1668 TD 0 Tc 0 Tw ( )Tj 0 -1.1192 TD (By: /s/ C. B. Bezik)Tj ET 0.5 g 229.41 711.69 153.12 -0.48 re f BT 10.079 0 0 10.079 229.41 700.17 Tm 0 g (Name: C. B. Bezik)Tj T* (Title: Senior Vice President )Tj /F2 1 Tf 11.387 0 TD ()Tj /F12 1 Tf 0.5 0 TD (Finance)Tj -32.1031 -2.5241 TD (Dated: November 14, 2001 )Tj 27.5741 -2.6907 TD (3)Tj ET endstream endobj 7 0 obj << /Type /Font /Subtype /Type1 /FirstChar 32 /LastChar 181 /Widths [ 250 333 408 500 500 833 778 180 333 333 500 564 250 333 250 278 500 500 500 500 500 500 500 500 500 500 278 278 564 564 564 444 921 722 667 667 722 611 556 722 722 333 389 722 611 889 722 722 556 722 667 556 611 722 722 944 722 722 611 333 278 333 469 500 333 444 500 444 500 444 333 500 500 278 278 500 278 778 500 500 500 500 333 389 278 500 500 722 500 500 444 480 200 480 541 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 250 500 500 250 250 250 250 250 760 250 250 250 250 250 250 250 564 250 250 250 500 ] /Encoding /WinAnsiEncoding /BaseFont /AECPOI+Times-Roman /FontDescriptor 26 0 R >> endobj 8 0 obj << /Type /Pages /Kids [ 22 0 R 1 0 R 4 0 R ] /Count 3 >> endobj 9 0 obj << /Dt (D:20011114222526) /JTM (Distiller) >> endobj 10 0 obj /This endobj 11 0 obj << /CP (Distiller) /Fi 10 0 R >> endobj 12 0 obj << /R [ 600 600 ] >> endobj 13 0 obj << /JTF 0 /MB [ 0 0 612 1008 ] /R 12 0 R /W [ 0 2 ] >> endobj 14 0 obj << /Fi [ 11 0 R ] /P [ 13 0 R ] >> endobj 15 0 obj << /Dm [ 612 1008 612 1008 ] >> endobj 16 0 obj << /Me 15 0 R >> endobj 17 0 obj << /D [ 14 0 R ] /MS 16 0 R /Type /JobTicketContents >> endobj 18 0 obj << /A [ 9 0 R ] /Cn [ 17 0 R ] /V 1.10001 >> endobj 19 0 obj << /CreationDate (D:20011114222526) /Producer (Acrobat Distiller 4.05 for Windows) /ModDate (D:20011114222526-05'00') >> endobj xref 0 20 0000000000 65535 f 0000018701 00000 n 0000018853 00000 n 0000018977 00000 n 0000024151 00000 n 0000024303 00000 n 0000024427 00000 n 0000027399 00000 n 0000028187 00000 n 0000028264 00000 n 0000028327 00000 n 0000028350 00000 n 0000028402 00000 n 0000028442 00000 n 0000028519 00000 n 0000028574 00000 n 0000028625 00000 n 0000028661 00000 n 0000028738 00000 n 0000028804 00000 n trailer << /Size 20 /ID[<658189cf243d899429749183cdb0692f><658189cf243d899429749183cdb0692f>] >> startxref 173 %%EOF