There are many ways to generate value. Improving cost and operational efficiencies, developing innovative technologies, and increasing shareholder returns are but a few. When two organizations have the same goals, and the right fit, such alliances can have a durable positive impact that builds value for both parties. Sometimes the best option is 100% ownership; at others, a partnership is the best choice.
Examples of how we have put this vision to work recently are our high-potential partnerships in the Amapá and Sonoma operations. With these alliances, Cliffs has gained not only good operational synergies, but also a growing international presence. Our partners, in turn, benefit from Cliffs' unique technological know-how and deep operational expertise.
