- Associated Press - Sunday, January 4, 2015

CHARLESTON, W.Va. (AP) - Cliffs Natural Resources has sold one of its coal mining operations in West Virginia.

Cliffs says in a news release that it completed the sale of Logan County Coal to Coronado Coal II LLC for $174 million. Wilton, Connecticut-based Coronado also agreed to assume certain liabilities.

Cleveland-based Cliffs says it expects $80 million to $100 million in future cash tax savings as a result of the sale.

The company also has stopped production at its Bloom Lake iron ore mine in Eastern Canada.



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