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Wednesday, December 3, 2014

CORRECTED-Cliffs Natural expects loss of $375 mln-$425 million on asset sale, (NYSE: CLF)

Cliffs Natural Resources Inc said it expects to record a pretax loss of $375 million to $425 million on the sale of its Logan County coal assets in West Virginia in the fourth quarter.

Cliffs Natural Resources Inc. is an international mining and natural resources company. Shares of CLF fell by 2.39% or $-0.2/share to $8.16. In the past year, the shares have traded as low as $7.00 and as high as $27.13. On average, 11859100 shares of CLF exchange hands on a given day and today's volume is recorded at 5786700.