Iron-Ore Oversupply Could Impact Rio Tinto

Trefis submits: Cliffs Natural Resources (NYSE:CLF) holds the distinction of being the largest producer of iron ore pellets in North America – a position it reinforced with the acquisition of Consolidated Thompson Iron Mines recently.

Trefis submits: Cliffs Natural Resources (NYSE:CLF) could be looking at another good year in 2011. After ending 2010 on an extremely profitable note, the company could get another helping hand from rising global iron ore prices. Cliffs looks poised to capitalize on its position as the largest producer of iron ore pellets in North America.

Trefis submits: Cliffs Natural Resources (NYSE:CLF) has been able to leverage its position as the largest producer of iron ore pellets in North America to forge long-standing relationships with some of the largest steel manufacturers in the world.

Trefis submits: Cliffs Natural Resources (NYSE:CLF) announced that underground mining operations at its Oak Grove mine in Alabama, have now resumed after being stopped abruptly 2 weeks ago - after the mine was hit by severe weather, including a tornado storm on April 28th.

Trefis submits: Cliffs Natural Resources (CLF) holds the distinction of being the largest producer of iron ore pellets in North America. It is also a major supplier of direct-shipping lump and fines iron ore out of Australia and also a significant producer of metallurgical coal.

Trefis submits: Cliffs Natural Resources (CLF) is an international mining and natural resources company. It is the largest producer of iron ore pellets in North America and a major supplier of direct-shipping lump and fines iron ore out of Australia. It is also a significant producer of metallurgical coal.

By Qineqt:Iron ore and coal markets have been suffering from oversupply, depressed demand, low prices, and high inventory levels, which have continuously resulted in downward slides. We reiterate our previous recommendation on iron ore of staying cautious in the near-term and being bullish in the long-term.

Trefis submits: Cliffs Natural Resources (CLF) has been reinforcing its position as the largest producer of iron ore pellets in North America. It is also a major supplier of direct-shipping lump and fines iron ore out of Australia. Moreover, in recent years it has forayed into the coal business and is today a significant producer of metallurgical coal.