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Actionable news in CLF: CLIFFS NATURAL RESOURCES Inc,

Cliffs Natural Resources (CLF) Stock Rises on WEC Energy Mine Agreement

NEW YORK (TheStreet) -- Shares of Cliffs Natural Resources (CLF) were climbing 6.22% to $6.75 late Monday afternoon after the company reached an agreement with WEC Energy Group (WEC) for Cliffs' Tilden mine in Michigan, according to statement.

The Cleveland-based mining and natural resources company signed a 20-year agreement with WEC to provide the mine with a long-term, reliable and affordable source of electrical power.

The financial terms of the deal have not been disclosed.

"With a stable, long-term source of power in place, Tilden...


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