Cleveland-Cliffs Inc Joins The Climate Registry as a Founding Reporter

CLEVELAND--(BUSINESS WIRE)--

Cleveland-Cliffs Inc (NYSE: CLF), an international mining company, today announced that it has joined The Climate Registry, a non-profit organization established to measure and publicly report greenhouse gas emissions. As one of the first representatives from the mining industry, Cleveland-Cliffs has demonstrated environmental stewardship on several fronts by voluntarily committing to measure, independently verify and publicly report its greenhouse gas (GHG) emissions on an annual basis utilizing The Climate Registry General Reporting Protocol.

"Cleveland-Cliffs has exhibited exemplary environmental leadership through its proactive participation in The Climate Registry at this formative stage," said Gina McCarthy, chair of The Climate Registry. "Its support will help us address the challenge of climate change."

The Climate Registry protocols are based on the internationally recognized GHG measurement standards of the World Resources Institute and World Business Council on Sustainability. Reporting policies for the Registry's Members and Reporters are supported by an accounting and verification infrastructure.

"Cleveland-Cliffs proudly joins its fellow Reporters in this important cooperative initiative," said Joseph Carrabba, Cliffs' chairman, president and chief executive officer. "As a good corporate citizen, the Company strives to minimize its carbon footprint, and The Climate Registry's reporting framework will assist us in this endeavor."

David Thornton, assistant commissioner of the Minnesota Pollution Control Agency, further commented, "While Cliffs is an Ohio company, it is an important contributor to industry in Minnesota. Today's announcement demonstrates Cleveland-Cliffs' strong commitment to protecting the environment and to improving the impact of its operations in a socially responsible manner."

To be added to Cleveland-Cliffs' e-mail distribution list, please click on the link below:

    http://www.cpg-llc.com/clearsite/clf/emailoptin.html

    About Cleveland-Cliffs

Cleveland-Cliffs Inc, headquartered in Cleveland, Ohio, is an international mining company, the largest producer of iron ore pellets in North America and a major supplier of metallurgical coal to the global steelmaking industry. The Company operates six iron ore mines in Michigan, Minnesota and Eastern Canada, and three coking coal mines in West Virginia and Alabama. Cliffs also owns 80% of Portman Limited, a large iron ore mining company in Australia, serving the Asian iron ore markets with direct-shipping fines and lump ore. In addition, the Company has a 30% interest in the Amapa Project, a Brazilian iron ore project, and a 45% economic interest in the Sonoma Project, an Australian coking and thermal coal project.

News releases and other information on Cleveland-Cliffs Inc are available on the Internet at:

    http://www.cleveland-cliffs.com

    About The Climate Registry

Thirty-nine U.S. states, six Canadian provinces, three Native American tribes, two Mexican states and the District of Columbia founded The Climate Registry, which was incorporated in Washington, D.C., in March 2007. The Climate Registry provides accurate and transparent measurement of GHG emissions and ensures consistency of measurement metrics across industry sectors and borders.

For more information on The Climate Registry, please visit: www.theclimateregistry.org.

Source: Cleveland-Cliffs Inc

Released May 19, 2008