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Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) announced today it has been listed ninth in Bloomberg Businessweek�s inaugural �50 Top Performers� list, which ranks U.S. corporations with the highest total returns for shareholders in the Standard & Poor�s 500 stock index over the past five years. According to the magazine, Cliffs� calculated return rate of 306.9% places it near the top of a list of companies that have thrived by �honing competitive edges through good times and bad.�
Joseph A. Carrabba, Cliffs� chairman, president and chief executive officer, said; �Being ranked as one of the 50 top-performing companies is a testament to the dedication of our employees, who have successfully repositioned the Company over the last five years, including a laudable response to 2009�s imposing economic challenges. Cliffs consistently works to create value through every stage of the business cycle, and our view regarding the long-term outlook for steelmaking raw materials remains positive.�