Cleveland-Cliffs enters multi-year partnership with Palantir

Cleveland-Cliffs (CLF) announced it has entered a strategic partnership with Palantir Technologies (PLTR) to deploy advanced AI-driven solutions across its footprint. The recently executed three-year agreement puts Palantir’s AI technology at the center of Cliffs’ key internal processes in operations and commercial. The company said, “The partnership represents a significant step forward in Cleveland-Cliffs’ ongoing effort to modernize its systems across its manufacturing footprint. By leveraging Palantir’s enterprise AI platform, Cliffs is embedding artificial intelligence directly into production planning, order entry, and operational workflows to better integrate data, anticipate constraints, and coordinate activities across its facilities in real time. As AI becomes an increasingly important driver of competitiveness across all industrial businesses, the partnership with Palantir reflects Cleveland-Cliffs’ broader focus on deploying advanced technology to drive productivity, improve performance, and position the company ahead of the curve when compared to others in the United States and abroad.”