Cliffs Natural Resources and the United Steelworkers have ratified a 37-month labor agreement, retroactive to Sept. 1, 2012. The multinational company runs large iron mining operations in northern Minnesota.
The new contract will cover approximately 2,400 union-represented workers at Cliffs’ United Taconite and Hibbing Taconite mines in Minnesota, as well as two mines in Michigan’s Upper Peninsula.
The agreement provides a 4.5% wage increase with an additional bonus of $4,250 per employee. Health care benefits for current active workers, retirees and their surviving spouses are unchanged under the new contract.