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Cliffs stock falls after announcing $30 million charge

Andrew Topf | September 28, 2011 | 5:33 pm Europe Iron Ore 

Cliffs Natural Resources NYSE:CLF, Paris:CLF was down about 7% in mid-day trading after the Cleveland-based company announced plans yesterday to sell and idle its biomass production facility in Michigan. Cliffs said it will take a $30 million charge in the...

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