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Cliffs profits drop 37%

IT WAS a much tougher second quarter for iron ore producer Cliffs Natural Resources, with the com...

Lauren Barrett
Cliffs profits drop 37%

Cliffs’ net income for the June 2012 quarter totalled $US258 million ($A249 million), down from $409 million recorded in the second quarter of 2011. Cliffs attributed the drop in profits to lower consolidated...

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