CLEVELAND-CLIFFS INC. — Director's Dealing 2010

Jul 2, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CLIFFS NATURAL RESOURCES INC. (CLF)
CIK: 0000764065
Period of Report: 2010-07-01

Reporting Person: Kirsch James F (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-07-01	Common Stock	A	106.7236	$46.85	Acquired	1749.4072	Direct

Footnotes

F1: Reflects number of Common Shares credited to the account of the Reporting Person in payment of the Reporting Person's Required Quarterly Retainer for the third quarter of 2010 under the Cliffs Natural Resources Inc. Nonemployee Directors Compensation Plan("Plan"). Full shares earned pursuant to the Plan in 2010 will be issued effective January 2, 2011.

F2: Includes 4.0569 shares of Restricted Stock acquired June 1, 2010 pursuant to a dividend reinvestment feature of the Plan.