Cliffs Natural Resources and workers at the Empire and Tilden Mines finally have a new contract ratified. The United Steel Workers say it’s a 37 month contract that includes 4.5 % wage increases.
It also provides $4,250 in bonuses per employee through the term of the agreement. The contract will cover about 2,400 Cliffs employees. The employees work at not only the Empire and Tilden Mines, but also at the United Taconite and Hibbing Taconite Mines in Minnesota.
The company and the union reached a tentative agreement on the new contract back on October 11th.