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Cliffs Natural Resources Inc. Reaches Agreement for Sale of Previously Discontinued renewaFUEL Biomass Plant

CLEVELAND,Jan. 5, 2012/PRNewswire/ --Cliffs Natural Resources Inc.(NYSE: CLF) (Paris: CLF) announced today that its majority owned affiliate has reached an agreement for the asset sale of its previously discontinued renewaFUEL biomass production facility inMichigantoRNFL Acquisition LLC, an acquisition entity created by an investor group that includes renewaFUEL's minority partners.