CLEVELAND-CLIFFS INC. — Director's Dealing 2010

May 25, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CLIFFS NATURAL RESOURCES INC. (CLF)
CIK: 0000764065
Period of Report: 2010-05-21

Reporting Person: Boor William C (Sr. Vice Pres., Bus. Devel.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-05-21	Common Stock	F	1064	$50.47	Disposed	15915.2775	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	16599	Indirect

Footnotes

F1: Surrender of shares in payment of tax liability incurred on May 21, 2010, the date of restricted stock vesting to the Reporting Person.

F2: Balance shown reflects 22 shares acquired March 1, 2010 pursuant to the dividend reinvestment feature of the Cliffs Natural Resources Inc. 2005 Voluntary Non-Qualified Deferred Compensation Plan ("VNQDC") to shareholders of record as of February 12, 2010.