Cleveland-Cliffs To Spend More Than $100 Million To Reduce Emissions As Part of DOJ Deal
October 19 2023 - 3:02PM
Dow Jones News
By Ben Glickman
Cleveland-Cliffs Steel Corp. will spend more than $100 million
to reduce emissions from its Dearborn, Mich., plant following a
deal with the Justice Department and the Environmental Protection
Agency.
The Cleveland-based steel producer agreed Thursday to amend a
consent decree with the government to resolve Clean Air Act
violations from its manufacturing plant.
The amended decree requires Cleveland-Cliffs to take additional
"extensive measures" to reduce visible air emissions from its steel
plant and curb emissions of manganese and lead.
The company will pay a civil penalty of $81,380 to the Michigan
government for violations of its permitted limits on opacity and
lead and manganese emissions, and Cleveland-Cliffs will contribute
about $244,000 toward supplying residents with home air
purifiers.
Write to Ben Glickman at ben.glickman@wsj.com
(END) Dow Jones Newswires
October 19, 2023 14:47 ET (18:47 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
Cleveland Cliffs (NYSE:CLF)
Historical Stock Chart
From Jun 2024 to Jul 2024
Cleveland Cliffs (NYSE:CLF)
Historical Stock Chart
From Jul 2023 to Jul 2024