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Cliffs Natural Resources Inc. - Applies To The Ontario Securities Commission To Have Its Reporting Issuer Status Revoked

02.02.2011  |  CNW
TORONTO, Feb. 1 /CNW/ - Cliffs Natural Resources Inc. (NYSE: CLF; Paris: CLF), announced today that it has applied for a decision from the securities regulatory authority for Ontario, the Ontario Securities Commission, as principal regulator, that it is no longer a reporting issuer in British Columbia, Alberta, Ontario and Québec. Cliffs Natural Resources Inc. is not a reporting issuer in any other Canadian jurisdiction.

If the requested decision is made by the Ontario Securities Commission, Cliffs Natural Resources Inc. will cease to be a reporting issuer in British Columbia, Alberta, Ontario and Québec and will no longer be a reporting issuer in any jurisdiction in Canada. Cliffs Natural Resources Inc. will continue to file all continuous disclosure reports required under U.S. securities laws (accessible at www.sec.gov/edgar.shtml) and will continue to deliver to its Canadian securityholders all disclosure that it is required to deliver to U.S. resident securityholders.


About Cliffs Natural Resources Inc.

Cliffs Natural Resources Inc. is an international mining and natural resources company. A member of the S&P 500 Index, we are the largest producer of iron ore pellets in North America, a major supplier of direct-shipping lump and fines iron ore out of Australia and a significant producer of high and low volatile metallurgical coal. With core values of environmental and capital stewardship, our colleagues across the globe endeavour to provide all stakeholders operating and financial transparency as embodied in the Global Reporting Initiative (GRI) framework.

Our Company is organized through three geographic business units: The North American business unit is comprised of six iron ore mines owned or managed in Michigan, Minnesota and Canada and six coal mines located in West Virginia and Alabama. The Asia Pacific business unit is comprised of two iron ore mining complexes in Western Australia and a 45% economic interest in a coking and thermal coal mine in Queensland, Australia. The Latin American business unit includes a 30% interest in the Amapá Project, an iron ore project in the state of Amapá in Brazil.

Other projects under development include a biomass production plant in Michigan and Ring of Fire chromite properties in Ontario, Canada. Over recent years, Cliffs has been executing a strategy designed to achieve scale in the mining industry and focused on serving the world's largest and fastest growing steel markets.

News releases and other information on the Company are available on the Internet at:
http://www.cliffsnaturalresources.com or www.cliffsnaturalresources.com/Investors/Pages/default.aspx?b=1041&1=1

Follow Cliffs on Twitter at: http://twitter.com/CliffsIR



INVESTOR AND FINANCIAL MEDIA CONTACTS:

Steve Baisden
Sr. Director, Investor Relations and Communications
(216) 694-5280

Jessica Moran
Manager, Investor Relations
(216) 694-6532

Patricia Persico
Sr. Manager, Media Relations and Marketing Communications
(216) 694-5316
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