Cliffs adds new coal mines in W. Virginia

摘要

Cliffs Natural Resources' (clf-n) 757-million US dollars acquisition of INR Energy, a private equity firm with producing metallurgical and thermal coal mines in West Virginia, is part of the company's long-term belief in metallurgical coal as a scarce mined commodity and "probable choke point" for global steel production, president and chief executive Joseph Carrabba told mining analysts and investors on a recent conference call.