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Andres Ricardo Gluski and Richard A. Ross to Join Company's Board



CLEVELAND, Jan. 11, 2011 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) announced today that the Board of Directors has elected Andres Ricardo Gluski, 53, executive vice president and chief operating officer of The AES Corporation (NYSE: AES), and Richard A. Ross, 53, former chairman and chief executive officer of Inmet Mining Corporation (TSX: IMN), to the Board. The appointments are effective immediately. With the additions of Messrs. Gluski and Ross, Cliffs' Board will increase to a total of 13 directors.


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Biographical information follows:


Andres Ricardo Gluski


Andres Ricardo Gluski is the executive vice president and chief operating officer of The AES Corporation, one of the world's largest independent power producers, with operations on five continents in 29 countries and 2009 revenues of $14 billion. Mr. Gluski became AES' executive vice president and chief operating officer in 2007.


Mr. Gluski has worked for AES for nine years. He was named executive vice president and president, Latin America, in 2005 and, before that, was senior vice president of the Caribbean and Central America business. He has also served as chairman and chief executive officer of AES Gener in Chile, the Electricidad de Caracas in Venezuela and as chairman of AES Eletropaulo in Brazil. Mr. Gluski has an extensive career in finance and has held executive positions with Santander Bank, CANTV (GTE) and the International Monetary Fund. He was also the director general of the Ministry of Finance of Venezuela. Mr. Gluski started his professional career at Johnson & Johnson and Procter & Gamble.


Mr. Gluski received a Ph.D. in Economics and International Finance and Masters in Economics from University of Virginia. He is a graduate of Wake Forest University, magna cum laude, and Phi Beta Kappa. Currently, he serves as chairman for AES Gener and AES Brasiliana and is a member of the board of the directors for the Council of the Americas, the U.S.-Spain Business Council and the Institute of the Americas at the University of California, San Diego.


Richard A. Ross


Richard Ross is former chairman and chief executive officer of Inmet Mining Corporation, a Canadian-based global mining company that produces copper, zinc and gold.


Mr. Ross worked for Inmet Mining Corporation for 20 years and retired Dec. 31, 2009. He was named chairman and chief executive officer in 2005 and, before that, president and chief executive officer from 2000 until 2005. He held a number of executive positions during his tenure with the company, including vice president and chief financial officer, vice president and treasurer and corporate controller.


Before joining Inmet Mining, Mr. Ross was employed at Placer Dome Inc., the former mining company that specialized in gold and other precious metals, from 1985 to 1989. Mr. Ross worked at PricewaterhouseCoopers from 1980 to 1985, where he held various positions and obtained his Chartered Accountant's designation. Mr. Ross graduated from the University of Toronto with a Bachelor of Commerce.


Mr. Ross is a past chairman of the board of directors for Inmet Mining Corporation, Ok Tedi Mining Limited and the Mining Association of Canada, as well as the past president and director of the Canadian Turkish Business Association. Mr. Ross is currently the chairman of the board of St. Joseph's Health Centre in Toronto.


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