8:04 am Cliffs Natural Resources enters long-term purchase power arrangement for its Northshore operation with Minnesota Power, a division of Allete (ALE) to receive $31 mln in cash (CLF) : Cliffs Natural Resources enters into multiple agreements with Minnesota Power, a utility division of ALLETE (ALE). Cliffs will receive $31 mln in cash as part of a long-term purchased power arrangement for its Northshore operation with Minnesota Power through 2031. Separately, Cliffs has extended its regulated power arrangements with Minnesota Power for 10 years at its United Taconite and Babbitt facilities.