Thomson Reuters






Feb 3 (Reuters) - Cliffs Natural Resources expects
to sell all or most of the assets of its Bloom Lake mining
operation in Canada, Cliffs Chief Executive Lourenco Goncalves
said on Tuesday.


Cliffs was approached by "several interested parties" and
the Quebec government in the past two months over the sale of
Bloom Lake outside creditor protection, Goncalves said.


But Cliffs decided that putting the operation into creditor
protection was the best option for the company, Goncalves said,
speaking on Cliffs conference call to discuss the U.S.-based
iron ore and coal company's fourth-quarter results.

(Reporting by Nicole Mordant in Vancouver; Editing by Chizu
Nomiyama)