LANGUAGE:
 
Cliffs Natural Resources > Home > About Us > Global Business Development
Global Business Development 

 

Global Business Development achieves Cliffs’ worldwide growth strategy through the identification of acquisitions, exploration assets and partnerships which provide opportunities to diversify our products and end markets, gain scale, and expand production volumes.  Global Business Development executes its growth mission through two functions:

 

Mergers & Acquisitions

 

The M&A team proactively seeks targeted acquisitions on a worldwide basis which meet the strategic goals of Cliffs.  The M&A team leads the full lifecycle of acquisition activities including:

  • Target identification
  • Strategic fit analysis
  • Valuation
  • Due diligence
  • Structuring
  • Integration

In addition, Global M&A regularly reviews Cliffs’ asset portfolio and executes select divestiture and sale assignments of non-core assets.

 

Global Exploration Group

 

Cliffs actively seeks to develop large-scale ore bodies through early involvement in exploration projects around the world.  GEG is responsible for forming partnerships with mining and exploration companies around the world, with the primary goal of securing future reserves through direct investment and cooperative exploration efforts.

 

 

 For More Information

 

 

Global M&A

Fact Sheet

PDF File Size 215 KB