CLEVELAND-CLIFFS INC. — Director's Dealing 2011

Jun 16, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CLIFFS NATURAL RESOURCES INC. (CLF)
CIK: 0000764065
Period of Report: 2011-06-15

Reporting Person: Vetor Duke D (SVP, North Amer. Coal)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-06-15	Common Stock	S	600	$85.25	Disposed	19263	Direct
2011-06-15	Common Stock	S	200	$85.26	Disposed	19063	Direct
2011-06-15	Common Stock	S	300	$85.27	Disposed	18763	Direct
2011-06-15	Common Stock	S	200	$85.28	Disposed	18563	Direct
2011-06-15	Common Stock	S	300	$85.29	Disposed	18263	Direct
2011-06-15	Common Stock	S	800	$85.30	Disposed	17463	Direct
2011-06-15	Common Stock	S	1000	$85.31	Disposed	16463	Direct
2011-06-15	Common Stock	S	400	$85.32	Disposed	16063	Direct
2011-06-15	Common Stock	S	100	$85.33	Disposed	15963	Direct
2011-06-15	Common Stock	S	100	$85.35	Disposed	15863	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	12202	Indirect

Footnotes

F1: Balance shown reflects 18 shares acquired June 1, 2011 pursuant to the dividend reinvestment feature of the Cliffs Natural Resources Inc. 2005 Voluntary Non-Qualified Deferred Compensation Plan ("VNQDC").

F2: Held for the benefit of the Reporting Person by the VNQDC.