Cleveland-Cliffs is Featured in the U.S. Department of Energy Better Climate Challenge Road Show
December 07 2023 - 7:00AM
Business Wire
Cleveland-Cliffs announced today that the U.S. Department of
Energy (DOE) is featuring the Company in its Better Climate
Challenge Road Show series. The Better Climate Challenge Road Show
showcases real-world pathways for public and private organizations
to decarbonize their buildings and plants.
As a partner in the Better Climate Challenge, Cleveland-Cliffs
has committed to emissions reduction (scope 1 & 2) goals across
its portfolio. In the DOE Road Show episode, viewers learn how
Cleveland-Cliffs is leveraging its state-of-the-art Direct
Reduction facility in Toledo, Ohio, and utilizing other
technologies to decarbonize its steelmaking operations. The
Cleveland-Cliffs’ Toledo facility is considered the most modern and
efficient direct reduction plant in the world. The facility is a
hydrogen ready plant which produces hot-briquetted iron (HBI), an
environmentally friendly alternative to scrap and imported pig iron
used in the steelmaking process.
Lourenco Goncalves, Cleveland-Cliffs’ Chairman, President, and
Chief Executive Officer said, “We are honored to be featured by the
U.S. Department of Energy in its Better Climate Challenge Road Show
series, and we appreciate the agency’s recognition of our
leadership in accomplishing significant goals to decarbonize our
business. We are making it happen today as the only steel company
participating in the Better Climate Challenge program. HBI
consumption in our ironmaking furnaces is a proven real path
forward to further reduce our carbon footprint while producing high
quality steel for a more sustainable future.”
This past October, the DOE recognized Cleveland-Cliffs as a
Greenhouse Gas Emissions Reduction 2023 Goal Achiever through its
Better Buildings Initiative and Better Climate Challenge. The
Company’s commitment covers 46 of its operating facilities.
To view the episode featuring Cleveland-Cliffs, visit
https://betterbuildingssolutioncenter.energy.gov/roadshow
For Cleveland-Cliffs Better Buildings profile, visit:
https://betterbuildingssolutioncenter.energy.gov/partners/cleveland-cliffs-inc
About Cleveland-Cliffs Inc.
Cleveland-Cliffs is the largest flat-rolled steel producer in
North America. Founded in 1847 as a mine operator, Cliffs is also
the largest manufacturer of iron ore pellets in North America. The
Company is vertically integrated from mined raw materials, direct
reduced iron, and ferrous scrap to primary steelmaking and
downstream finishing, stamping, tooling, and tubing.
Cleveland-Cliffs is the largest supplier of steel to the automotive
industry in North America and serves a diverse range of other
markets due to its comprehensive offering of flat-rolled steel
products. Headquartered in Cleveland, Ohio, Cleveland-Cliffs
employs approximately 27,000 people across its operations in the
United States and Canada. www.clevelandcliffs.com
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MEDIA CONTACT: Patricia Persico Senior Director,
Corporate Communications (216) 694-5316
INVESTOR CONTACT: James Kerr Manager, Investor Relations
(216) 694-7719
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