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Message: -Cliffs Natural Resources Inc: Quebec ready to buy co's assets -Bloomberg



Thomson Reuters






** Iron ore miner's shares up 10.9 pct at $6.50


** Quebec government says is prepared to buy assets
servicing Cliffs' iron-ore mine, according to Bloomberg (http://bloom.bg/1GXdfGx)


** Quebec also open to buying 20 pct of Bloom Lake mine to
facilitate deal, Bloomberg reported Economy Minister Jacques
Daoust as saying


** Cliffs decided in November to close Bloom Lake iron mine
after struggling to secure funds to expand the project


** Up to Monday's close, stock had fallen 68 pct over last
12 months

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