Cliffs Natural Resources Inc. Receives Clearance from Chinese Ministry of

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Cliffs Natural Resources Inc. Receives Clearance from Chinese Ministry of

posted on May 09, 2011 12:44PM

Commerce to Proceed with Consolidated Thompson Iron Mines Limited Acquisition

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CLEVELAND, May 9, 2011 /CNW/ -- Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) today announced that the Chinese Ministry of Commerce (MOFCOM) has cleared Cliffs' proposed acquisition of Consolidated Thompson Iron Mines Limited (TSX: CLM). MOFCOM is the final regulatory agency whose approval was necessary to proceed with the closing of the acquisition of Consolidated Thompson. Subject to certain other closing conditions, Cliffs anticipates closing the acquisition on May 12, 2011.

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