The Company is a producer of iron ore pellets in North America and sells its pellets to integrated steel companies in the United States and Canada.
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3x Cash.... great dividend.... in a industry that is outperforming precious metals as of late
"The company also has over $4 billion in debt and less than $200 million in cash."
http://seekingalpha.com/article/917821-cliffs-natural-resources-classic-value-trap