Cliffs Natural Resources Inc. (NYSE:CLF) today issued the following statement:

This late addition to the Casablanca Capital slate removes any doubt that Casablanca continues to try to acquire control of the Cliffs Board of Directors. Cliffs believes in shareholder representation on the Board, but believes that handing over control of the Board to a single minority shareholder with a short-term and value destructive agenda would put the Company and all other shareholders at significant risk. We recommend that shareholders support Cliffs’ nine highly qualified and experienced director nominees, who are already executing a plan to enhance value for all shareholders.

About Cliffs Natural Resources Inc.

Cliffs Natural Resources Inc. is an international mining and natural resources company. The Company is a major global iron ore producer and a significant producer of high-and low-volatile metallurgical coal. Cliffs' strategy is to continually achieve greater scale and diversification in the mining industry through a focus on serving the world's largest and fastest growing steel markets. Driven by the core values of social, environmental and capital stewardship, Cliffs associates across the globe endeavor to provide all stakeholders operating and financial transparency.

The Company is organized through a global commercial group responsible for sales and delivery of Cliffs' products and a global operations group responsible for the production of the minerals the Company markets. Cliffs operates iron ore and coal mines in North America and an iron ore mining complex in Western Australia.

News releases and other information on the Company are available on the Internet at: http://www.cliffsnaturalresources.com

Follow Cliffs on Twitter at: http://twitter.com/CliffsNR.