CLEVELAND-CLIFFS INC. — Director's Dealing 2011

Jan 13, 2011

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: CLIFFS NATURAL RESOURCES INC. (CLF)
CIK: 0000764065
Period of Report: 2011-01-11

Reporting Person: Graham James D (GC, Global Operations)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1300	Direct

Footnotes

F1: The amount represents 500 shares purchased March of 2009 and 120, 420, and 260 Restricted Stock Units from the 2008-2010, 2009-2011 and 2010-2012 Performance Periods, respectively, pursuant to the 2007 Incentive Equity Plan.