Cliffs Natural Resources Inc. Declares Quarterly Cash Dividend on Common and Preferred Shares

CLEVELAND - May 13, 2014 - Cliffs Natural Resources Inc. (NYSE: CLF) today
announced that its Board of Directors declared a quarterly cash dividend on the
Company's common shares of $0.15 per share. The cash dividend will be payable on
June 3, 2014, to shareholders of record as of the close of business on May
23, 2014.


Cliffs' Board of Directors also declared a quarterly cash dividend on the
Company's 7.00% Series A Mandatory Convertible Preferred Stock, Class A ("Series
A preferred stock"), of $17.50 per share. The cash dividend will be payable on
Aug. 1, 2014 to shareholders of record as of the close of business on July
15, 2014.



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.

SOURCE: Cliffs Natural Resources Inc.

INVESTOR RELATIONS AND GLOBAL COMMUNICATIONS CONTACTS:


Jessica Moran Patricia Persico

Director, Investor Relations Director, Global Communications

(216) 694-6532 (216) 694-5316




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Source: Cliffs Natural Resources Inc. via GlobeNewswire
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