Cliffs was up $ 2.13 to $ 30.23 on 10,294,730 shares that traded on the following news..

Cliffs Natural Resources Inc. Increases Production and Sales Volume Expectations for North American Business Unit

CLEVELAND (Business Wire) -- Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) today
announced increased production and sales volume expectations in its
North American Business Unit, which includes its North American Iron Ore
and North American Coal business segments.

North American Iron OreCliffs now expects its North
American Iron Ore business segment to recognize sales volume of
approximately 16 million long tons in 2009, an increase from the
Company's previous expectation of 13 million to 14 million tons. In
addition, Cliffs expects to collect cash for approximately 3 million
tons of "bill and hold" sales in 2009. These "bill and hold" sales are
unlikely to meet revenue recognition requirements. This new expectation
compares with a previous expectation of 3 million to 4 million tons of
"bill and hold" sales. North American Iron Ore equity production volume
in 2009 is expected to be 17 million tons, up from a previous
expectation of 15 million tons.


North American CoalCliffs also raised its 2009 expected
sales volume for its North American Coal business segment to
approximately 1.8 million short tons, from a previous expectation of 1.5
million tons. North American Coal production volume is expected to be
1.8 million tons, up from a previous expectation of 1.3 million tons.


Donald J. Gallagher, president of Cliffs' North American business unit,
said, "As our customers are increasing steel production and restarting
blast furnaces in North America and Europe, we are seeing modest
improvements in orders and in market expectations for steelmaking raw
materials. We will continue to monitor the markets closely to ensure we
adjust production appropriately to meet demand as needed."

Have a great nite........RL