PROFIT & LOSS

Cliffs goes off Asia-Pac early

Cleveland-Cliffs (US:CLF) will shut down its Asia-Pacific iron ore division ore earlier than planned as it reports improved earnings from US operations for 2017.

Cool it guys: Cliffs will shut down Koolyanobbing in WA around a year early is it closes its Asia-Pacific arm

Cool it guys: Cliffs will shut down Koolyanobbing in WA around a year early is it closes its Asia-Pacific arm

Cliffs produced 17.6% more iron ore pellets last year than in 2016, reaching 18.7 million  tonnes (long). Sales were steady with the year before but iron ore prices and cost-cutting helped push earnings...

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