================================================================================
                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                  SCHEDULE 13D
                                 (Rule 13d-101)

            INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
           TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
                                 RULE 13d-2(a)
                               (AMENDMENT NO. 4)*

                         CLIFFS NATURAL RESOURCES INC.
                                (Name of Issuer)

                   COMMON SHARES (PAR VALUE $0.125 PER SHARE)
                         (Title of Class of Securities)

                                   185896107
                                 (CUSIP Number)

                                JOEL B. PIASSICK
                      2100 THIRD AVENUE NORTH, SUITE 600
                           BIRMINGHAM, ALABAMA 35203
                     (Name, Address and Telephone Number of
                      Person Authorized to Receive Notices
                              and Communications)

                                FEBRUARY 3, 2009
                      (Date of Event which Requires Filing
                               of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report
the  acquisition  that is the subject of this  Schedule 13D, and is filing this
schedule  because of Rule 13d-1(e),  13d-1(f) or 13d-1(g),  check the following
box [_]

Note:  Schedules filed in paper format shall include a signed original and five
copies  of the  schedule,  including  all  exhibits.  See Rule  13d-7 for other
parties to whom copies are to be sent.

IMPORTANT   NOTE:  THE  SECURITIES  SET  FORTH  IN  THIS  REPORT  ARE  DIRECTLY
BENEFICIALLY  OWNED BY HARBINGER  CAPITAL  PARTNERS  MASTER FUND I, LTD. AND/OR
HARBINGER  CAPITAL PARTNERS SPECIAL  SITUATIONS FUND, L.P.  (COLLECTIVELY,  THE
"FUNDS"). ALL OTHER ENTITIES AND PERSONS ARE INCLUDED WITHIN THIS REPORT DUE TO
THEIR AFFILIATION WITH ONE OR BOTH OF THE FUNDS.

* The remainder of this cover page shall be filled out for a reporting person's
initial  filing on this form with respect to the subject  class of  securities,
and for any  subsequent  amendment  containing  information  which  would alter
disclosures provided in a prior cover page.

The  information  required  on the  remainder  of this  cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the  Securities  Exchange
Act of 1934 or otherwise  subject to the liabilities of that section of the Act
but shall be  subject  to all other  provisions  of the Act  (however,  see the
Notes).

===============================================================================

---------------------------                          ---------------------------
CUSIP NO. 185896107                                              Page 2 of 17
---------------------------                          ---------------------------

                                 SCHEDULE 13D
--------------------------------------------------------------------------------
1        NAME OF REPORTING PERSONS

         Harbinger Capital Partners Master Fund I, Ltd.
--------------------------------------------------------------------------------
2        CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP       (a)     [_]
                                                                (b)     [X]

--------------------------------------------------------------------------------
3        SEC USE ONLY


--------------------------------------------------------------------------------
4        SOURCE OF FUNDS

         WC
--------------------------------------------------------------------------------
5        CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
         ITEMS 2(d) or 2(e)

                                                                        [_]
--------------------------------------------------------------------------------
6        CITIZENSHIP OR PLACE OF ORGANIZATION

         Cayman Islands
--------------------------------------------------------------------------------
                                7     SOLE VOTING POWER

          NUMBER OF                   -0-
                                ------------------------------------------------
           SHARES               8     SHARED VOTING POWER

     BENEFICIALLY OWNED               4,767,710
                                ------------------------------------------------
     BY EACH REPORTING           9    SOLE DISPOSITIVE POWER

           PERSON                     -0-
                                ------------------------------------------------
            WITH                10    SHARED DISPOSITIVE POWER

                                      4,767,710
--------------------------------------------------------------------------------
11       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

         4,767,710
--------------------------------------------------------------------------------
12       CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

                                                                        [_]
--------------------------------------------------------------------------------
13       PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

         4.20%
--------------------------------------------------------------------------------
14       TYPE OF REPORTING PERSON

         CO
--------------------------------------------------------------------------------


---------------------------                          ---------------------------
CUSIP NO. 185896107                                              Page 3 of 17
---------------------------                          ---------------------------

                                 SCHEDULE 13D
--------------------------------------------------------------------------------
1        NAME OF REPORTING PERSONS

         Harbinger Capital Partners Offshore Manager, L.L.C.
--------------------------------------------------------------------------------
2        CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP       (a)     [_]
                                                                (b)     [X]

--------------------------------------------------------------------------------
3        SEC USE ONLY


--------------------------------------------------------------------------------
4        SOURCE OF FUNDS

         AF
--------------------------------------------------------------------------------
5        CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
         ITEMS 2(d) or 2(e)

                                                                        [_]
--------------------------------------------------------------------------------
6        CITIZENSHIP OR PLACE OF ORGANIZATION

         Delaware
--------------------------------------------------------------------------------
                                7     SOLE VOTING POWER

          NUMBER OF                   -0-
                                ------------------------------------------------
           SHARES               8     SHARED VOTING POWER

     BENEFICIALLY OWNED               4,767,710
                                ------------------------------------------------
     BY EACH REPORTING           9    SOLE DISPOSITIVE POWER

           PERSON                     -0-
                                ------------------------------------------------
            WITH                10    SHARED DISPOSITIVE POWER

                                      4,767,710
--------------------------------------------------------------------------------
11       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

         4,767,710
--------------------------------------------------------------------------------
12       CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

                                                                        [_]
--------------------------------------------------------------------------------
13       PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

         4.20%
--------------------------------------------------------------------------------
14       TYPE OF REPORTING PERSON

         OO
--------------------------------------------------------------------------------


---------------------------                          ---------------------------
CUSIP NO. 185896107                                              Page 4 of 17
---------------------------                          ---------------------------

                                 SCHEDULE 13D
--------------------------------------------------------------------------------
1        NAME OF REPORTING PERSONS

         HMC Investors, L.L.C.
--------------------------------------------------------------------------------
2        CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP       (a)     [_]
                                                                (b)     [X]

--------------------------------------------------------------------------------
3        SEC USE ONLY


--------------------------------------------------------------------------------
4        SOURCE OF FUNDS

         AF
--------------------------------------------------------------------------------
5        CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
         ITEMS 2(d) or 2(e)

                                                                        [_]
--------------------------------------------------------------------------------
6        CITIZENSHIP OR PLACE OF ORGANIZATION

         Delaware
--------------------------------------------------------------------------------
                                7     SOLE VOTING POWER

          NUMBER OF                   -0-
                                ------------------------------------------------
           SHARES               8     SHARED VOTING POWER

     BENEFICIALLY OWNED               4,767,710
                                ------------------------------------------------
     BY EACH REPORTING           9    SOLE DISPOSITIVE POWER

           PERSON                     -0-
                                ------------------------------------------------
            WITH                10    SHARED DISPOSITIVE POWER

                                      4,767,710
--------------------------------------------------------------------------------
11       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

         4,767,710
--------------------------------------------------------------------------------
12       CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

                                                                        [_]
--------------------------------------------------------------------------------
13       PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

         4.20%
--------------------------------------------------------------------------------
14       TYPE OF REPORTING PERSON

         OO
--------------------------------------------------------------------------------


---------------------------                          ---------------------------
CUSIP NO. 185896107                                              Page 5 of 17
---------------------------                          ---------------------------

                                 SCHEDULE 13D
--------------------------------------------------------------------------------
1        NAME OF REPORTING PERSONS

         Harbinger Capital Partners Special Situations Fund, L.P.
--------------------------------------------------------------------------------
2        CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP       (a)     [_]
                                                                (b)     [X]

--------------------------------------------------------------------------------
3        SEC USE ONLY


--------------------------------------------------------------------------------
4        SOURCE OF FUNDS

         WC
--------------------------------------------------------------------------------
5        CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
         ITEMS 2(d) or 2(e)

                                                                        [_]
--------------------------------------------------------------------------------
6        CITIZENSHIP OR PLACE OF ORGANIZATION

         Delaware
--------------------------------------------------------------------------------
                                7     SOLE VOTING POWER

          NUMBER OF                   -0-
                                ------------------------------------------------
           SHARES               8     SHARED VOTING POWER

     BENEFICIALLY OWNED               5,728,639
                                ------------------------------------------------
     BY EACH REPORTING           9    SOLE DISPOSITIVE POWER

           PERSON                     -0-
                                ------------------------------------------------
            WITH                10    SHARED DISPOSITIVE POWER

                                      5,728,639
--------------------------------------------------------------------------------
11       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

         5,728,639
--------------------------------------------------------------------------------
12       CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

                                                                        [_]
--------------------------------------------------------------------------------
13       PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

         5.05%
--------------------------------------------------------------------------------
14       TYPE OF REPORTING PERSON

         PN
--------------------------------------------------------------------------------


---------------------------                          ---------------------------
CUSIP NO. 185896107                                              Page 6 of 17
---------------------------                          ---------------------------

                                 SCHEDULE 13D
--------------------------------------------------------------------------------
1        NAME OF REPORTING PERSONS

         Harbinger Capital Partners Special Situations GP, L.L.C.
--------------------------------------------------------------------------------
2        CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP       (a)     [_]
                                                                (b)     [X]

--------------------------------------------------------------------------------
3        SEC USE ONLY


--------------------------------------------------------------------------------
4        SOURCE OF FUNDS

         AF
--------------------------------------------------------------------------------
5        CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
         ITEMS 2(d) or 2(e)

                                                                        [_]
--------------------------------------------------------------------------------
6        CITIZENSHIP OR PLACE OF ORGANIZATION

         Delaware
--------------------------------------------------------------------------------
                                7     SOLE VOTING POWER

          NUMBER OF                   -0-
                                ------------------------------------------------
           SHARES               8     SHARED VOTING POWER

     BENEFICIALLY OWNED               5,728,639
                                ------------------------------------------------
     BY EACH REPORTING           9    SOLE DISPOSITIVE POWER

           PERSON                     -0-
                                ------------------------------------------------
            WITH                10    SHARED DISPOSITIVE POWER

                                      5,728,639
--------------------------------------------------------------------------------
11       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

         5,728,639
--------------------------------------------------------------------------------
12       CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

                                                                        [_]
--------------------------------------------------------------------------------
13       PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

         5.05%
--------------------------------------------------------------------------------
14       TYPE OF REPORTING PERSON

         OO
--------------------------------------------------------------------------------


---------------------------                          ---------------------------
CUSIP NO. 185896107                                              Page 7 of 17
---------------------------                          ---------------------------

                                 SCHEDULE 13D
--------------------------------------------------------------------------------
1        NAME OF REPORTING PERSONS

         HMC - New York, Inc.
--------------------------------------------------------------------------------
2        CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP       (a)     [_]
                                                                (b)     [X]

--------------------------------------------------------------------------------
3        SEC USE ONLY


--------------------------------------------------------------------------------
4        SOURCE OF FUNDS

         AF
--------------------------------------------------------------------------------
5        CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
         ITEMS 2(d) or 2(e)

                                                                        [_]
--------------------------------------------------------------------------------
6        CITIZENSHIP OR PLACE OF ORGANIZATION

         New York
--------------------------------------------------------------------------------
                                7     SOLE VOTING POWER

          NUMBER OF                   -0-
                                ------------------------------------------------
           SHARES               8     SHARED VOTING POWER

     BENEFICIALLY OWNED               5,728,639
                                ------------------------------------------------
     BY EACH REPORTING           9    SOLE DISPOSITIVE POWER

           PERSON                     -0-
                                ------------------------------------------------
            WITH                10    SHARED DISPOSITIVE POWER

                                      5,728,639
--------------------------------------------------------------------------------
11       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

         5,728,639
--------------------------------------------------------------------------------
12       CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

                                                                        [_]
--------------------------------------------------------------------------------
13       PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

         5.05%
--------------------------------------------------------------------------------
14       TYPE OF REPORTING PERSON

         CO
--------------------------------------------------------------------------------


---------------------------                          ---------------------------
CUSIP NO. 185896107                                              Page 8 of 17
---------------------------                          ---------------------------

                                 SCHEDULE 13D
--------------------------------------------------------------------------------
1        NAME OF REPORTING PERSONS

         Harbert Management Corporation
--------------------------------------------------------------------------------
2        CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP       (a)     [_]
                                                                (b)     [X]

--------------------------------------------------------------------------------
3        SEC USE ONLY


--------------------------------------------------------------------------------
4        SOURCE OF FUNDS

         AF
--------------------------------------------------------------------------------
5        CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
         ITEMS 2(d) or 2(e)

                                                                        [_]
--------------------------------------------------------------------------------
6        CITIZENSHIP OR PLACE OF ORGANIZATION

         Alabama
--------------------------------------------------------------------------------
                                7     SOLE VOTING POWER

          NUMBER OF                   -0-
                                ------------------------------------------------
           SHARES               8     SHARED VOTING POWER

     BENEFICIALLY OWNED               5,728,639
                                ------------------------------------------------
     BY EACH REPORTING           9    SOLE DISPOSITIVE POWER

           PERSON                     -0-
                                ------------------------------------------------
            WITH                10    SHARED DISPOSITIVE POWER

                                      5,728,639
--------------------------------------------------------------------------------
11       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

         5,728,639
--------------------------------------------------------------------------------
12       CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

                                                                        [_]
--------------------------------------------------------------------------------
13       PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

         5.05%
--------------------------------------------------------------------------------
14       TYPE OF REPORTING PERSON

         CO
--------------------------------------------------------------------------------


---------------------------                          ---------------------------
CUSIP NO. 185896107                                              Page 9 of 17
---------------------------                          ---------------------------


                                 SCHEDULE 13D
--------------------------------------------------------------------------------
1        NAME OF REPORTING PERSONS

         Philip Falcone
--------------------------------------------------------------------------------
2        CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP       (a)     [_]
                                                                (b)     [X]

--------------------------------------------------------------------------------
3        SEC USE ONLY


--------------------------------------------------------------------------------
4        SOURCE OF FUNDS

         AF
--------------------------------------------------------------------------------
5        CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
         ITEMS 2(d) or 2(e)

                                                                        [_]
--------------------------------------------------------------------------------
6        CITIZENSHIP OR PLACE OF ORGANIZATION

         U.S.A.
--------------------------------------------------------------------------------
                                7     SOLE VOTING POWER

          NUMBER OF                   -0-
                                ------------------------------------------------
           SHARES               8     SHARED VOTING POWER

     BENEFICIALLY OWNED               10,496,349
                                ------------------------------------------------
     BY EACH REPORTING           9    SOLE DISPOSITIVE POWER

           PERSON                     -0-
                                ------------------------------------------------
            WITH                10    SHARED DISPOSITIVE POWER

                                      10,496,349
--------------------------------------------------------------------------------
11       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

         10,496,349
--------------------------------------------------------------------------------
12       CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

                                                                        [_]
--------------------------------------------------------------------------------
13       PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

         9.25%
--------------------------------------------------------------------------------
14       TYPE OF REPORTING PERSON

         IN
--------------------------------------------------------------------------------


---------------------------                          ---------------------------
CUSIP NO. 185896107                                              Page 10 of 17
---------------------------                          ---------------------------

                                 SCHEDULE 13D
--------------------------------------------------------------------------------
1        NAME OF REPORTING PERSONS

         Raymond J. Harbert
--------------------------------------------------------------------------------
2        CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP       (a)     [_]
                                                                (b)     [X]

--------------------------------------------------------------------------------
3        SEC USE ONLY


--------------------------------------------------------------------------------
4        SOURCE OF FUNDS

         AF
--------------------------------------------------------------------------------
5        CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
         ITEMS 2(d) or 2(e)

                                                                        [_]
--------------------------------------------------------------------------------
6        CITIZENSHIP OR PLACE OF ORGANIZATION

         U.S.A.
--------------------------------------------------------------------------------
                                7     SOLE VOTING POWER

          NUMBER OF                   -0-
                                ------------------------------------------------
           SHARES               8     SHARED VOTING POWER

     BENEFICIALLY OWNED               10,496,349
                                ------------------------------------------------
     BY EACH REPORTING           9    SOLE DISPOSITIVE POWER

           PERSON                     -0-
                                ------------------------------------------------
            WITH                10    SHARED DISPOSITIVE POWER

                                      10,496,349
--------------------------------------------------------------------------------
11       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

         10,496,349
--------------------------------------------------------------------------------
12       CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

                                                                        [_]
--------------------------------------------------------------------------------
13       PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

         9.25%
--------------------------------------------------------------------------------
14       TYPE OF REPORTING PERSON

         IN
--------------------------------------------------------------------------------


---------------------------                          ---------------------------
CUSIP NO. 185896107                                              Page 11 of 17
---------------------------                          ---------------------------

                                 SCHEDULE 13D
--------------------------------------------------------------------------------
1        NAME OF REPORTING PERSONS

         Michael D. Luce

--------------------------------------------------------------------------------
2        CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP       (a)     [_]
                                                                (b)     [X]

--------------------------------------------------------------------------------
3        SEC USE ONLY


--------------------------------------------------------------------------------
4        SOURCE OF FUNDS

         AF
--------------------------------------------------------------------------------
5        CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
         ITEMS 2(d) or 2(e)

                                                                        [_]
--------------------------------------------------------------------------------
6        CITIZENSHIP OR PLACE OF ORGANIZATION

         U.S.A.
--------------------------------------------------------------------------------
                                7     SOLE VOTING POWER

          NUMBER OF                   -0-
                                ------------------------------------------------
           SHARES               8     SHARED VOTING POWER

     BENEFICIALLY OWNED               10,496,349
                                ------------------------------------------------
     BY EACH REPORTING           9    SOLE DISPOSITIVE POWER

           PERSON                     -0-
                                ------------------------------------------------
            WITH                10    SHARED DISPOSITIVE POWER

                                      10,496,349
--------------------------------------------------------------------------------
11       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

         10,496,349
--------------------------------------------------------------------------------
12       CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

                                                                        [_]
--------------------------------------------------------------------------------
13       PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

         9.25%
--------------------------------------------------------------------------------
14       TYPE OF REPORTING PERSON

         IN
--------------------------------------------------------------------------------


---------------------------                          ---------------------------
CUSIP NO. 185896107                                              Page 12 of 17
---------------------------                          ---------------------------


Item 1.  SECURITY AND ISSUER.

         This  Amendment  No. 4 to Schedule  13D  ("Amendment  No. 4") is being
filed by the  undersigned  to amend the  Schedule  13D  filed by the  Reporting
Persons on July 17,  2008,  as amended by  Amendment  No. 1 filed on August 14,
2008,  Amendment No. 2 filed on January 12, 2009,  and Amendment No. 3 filed on
January 16, 2009 (as amended,  the "Schedule 13D"),  with respect to the Common
Shares, $0.125 par value per share (the "Shares"),  of Cliffs Natural Resources
Inc., an Ohio  corporation  (the  "Issuer").  The address of the Issuer is 1100
Superior Avenue, Cleveland, Ohio 44114-2544.

Item 2.  IDENTITY AND BACKGROUND.

         No material change.

Item 3.  SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.

         No material change.

Item 4.  PURPOSE OF TRANSACTION.

         No material change.

Item 5.  INTEREST IN SECURITIES OF THE ISSUER.

         Item 5 of the  Schedule 13D is hereby  amended by deleting  paragraphs
(a) and (b) thereof and replacing such items with the following:

         "References  to  percentage  ownerships of Shares in this Schedule 13D
are based upon the  113,502,463  Shares stated to be  outstanding as of October
27, 2008 by the Issuer in the  Issuer's  Quarterly  Report on Form 10-Q for the
quarter ended September 30, 2008.

         (a, b) As of the date hereof,  the Master Fund may be deemed to be the
beneficial  owner  of  4,767,710  Shares,  constituting  4.20%  of  the  Shares
outstanding of the Issuer.

         The  Master  Fund has the sole  power to vote or direct  the vote of 0
Shares;  has the shared power to vote or direct the vote of  4,767,710  Shares;
has sole power to dispose or direct the disposition of 0 Shares; and has shared
power to dispose or direct the disposition of 4,767,710 Shares.

         The Master Fund  specifically  disclaims  beneficial  ownership in the
Shares  reported  herein except to the extent it actually  exercises  voting or
dispositive power with respect to such Shares.

         (a, b) As of the date  hereof,  Harbinger  Manager may be deemed to be
the  beneficial  owner of 4,767,710  Shares,  constituting  4.20% of the Shares
outstanding of the Issuer.

         Harbinger  Manager  has the sole power to vote or direct the vote of 0
Shares;  has the shared power to vote or direct the vote of  4,767,710  Shares;
has sole power to dispose or direct the disposition of 0 Shares; and has shared
power to dispose or direct the disposition of 4,767,710 Shares.

         Harbinger Manager  specifically  disclaims beneficial ownership in the
Shares  reported  herein except to the extent it actually  exercises  voting or
dispositive power with respect to such Shares.



---------------------------                          ---------------------------
CUSIP NO. 185896107                                              Page 13 of 17
---------------------------                          ---------------------------


         (a, b) As of the date hereof,  HMC  Investors  may be deemed to be the
beneficial  owner  of  4,767,710  Shares,  constituting  4.20%  of  the  Shares
outstanding of the Issuer.

         HMC  Investors  has the  sole  power to vote or  direct  the vote of 0
Shares;  has the shared power to vote or direct the vote of  4,767,710  Shares;
has sole power to dispose or direct the disposition of 0 Shares; and has shared
power to dispose or direct the disposition of 4,767,710 Shares.

         HMC  Investors  specifically  disclaims  beneficial  ownership  in the
Shares reported herein except to the extent it actually  exercises  voting or
dispositive power with respect to such Shares.

         (a, b) As of the date hereof, the Special Fund may be deemed to be the
beneficial  owner  of  5,728,639  Shares,  constituting  5.05%  of  the  Shares
outstanding of the Issuer.

         The  Special  Fund has the sole  power to vote or direct the vote of 0
Shares;  has the shared power to vote or direct the vote of  5,728,639  Shares;
has sole power to dispose or direct the disposition of 0 Shares; and has shared
power to dispose or direct the disposition of 5,728,639 Shares.

         The Special Fund specifically  disclaims  beneficial  ownership in the
Shares  reported  herein except to the extent it actually  exercises  voting or
dispositive power with respect to such Shares.

         (a, b) As of the date hereof, HCPSS may be deemed to be the beneficial
owner of 5,728,639 Shares,  constituting 5.05% of the Shares outstanding of the
Issuer.

         HCPSS has the sole power to vote or direct  the vote of 0 Shares;  has
the shared power to vote or direct the vote of 5,728,639 Shares; has sole power
to dispose  or direct  the  disposition  of 0 Shares;  and has shared  power to
dispose or direct the disposition of 5,728,639 Shares.

         HCPSS  specifically  disclaims  beneficial  ownership  in  the  Shares
reported herein except to the extent it actually  exercises  voting or
dispositive power with respect to such Shares.

         (a, b) As of the date hereof, HMCNY may be deemed to be the beneficial
owner of 5,728,639 Shares,  constituting 5.05% of the Shares outstanding of the
Issuer.

         HMCNY has the sole power to vote or direct  the vote of 0 Shares;  has
the shared power to vote or direct the vote of 5,728,639 Shares; has sole power
to dispose  or direct  the  disposition  of 0 Shares;  and has shared  power to
dispose or direct the disposition of 5,728,639 Shares.

         HMCNY  specifically  disclaims  beneficial  ownership  in  the  Shares
reported herein except to the extent it actually  exercises  voting or
dispositive power with respect to such Shares.

         (a, b) As of the date hereof,  HMC may be deemed to be the  beneficial
owner of 5,728,639 Shares,  constituting 5.05% of the Shares outstanding of the
Issuer.

         HMC has the sole power to vote or direct the vote of 0 Shares; has the
shared power to vote or direct the vote of 5,728,639 Shares;  has sole power to
dispose or direct the disposition of 0 Shares;  and has shared power to dispose
or direct the disposition of 5,728,639 Shares.

         HMC specifically disclaims beneficial ownership in the Shares reported
herein except to the extent it actually  exercises  voting or
dispositive power with respect to such Shares.

         (a, b) As of the date hereof,  Philip  Falcone may be deemed to be the
beneficial  owner of  10,496,349  Shares,  constituting  9.25%  of the  Shares
outstanding of the Issuer.

         Mr. Falcone has the sole power to vote or direct the vote of 0 Shares;
has the shared power to vote or direct the vote of 10,496,349  Shares; has sole
power to dispose or direct the disposition of 0 Shares; and has shared power to
dispose or direct the disposition of 10,496,349 Shares.

         Mr. Falcone specifically  disclaims beneficial ownership in the Shares
reported herein except to the extent he actually  exercises  voting or
dispositive power with respect to such Shares.



---------------------------                          ---------------------------
CUSIP NO. 185896107                                              Page 14 of 17
---------------------------                          ---------------------------


         (a, b) As of the date  hereof,  Raymond J. Harbert may be deemed to be
the beneficial owner of 10,496,349  Shares,  constituting  9.25% of the Shares
outstanding of the Issuer.

         Mr. Harbert has the sole power to vote or direct the vote of 0 Shares;
has the shared power to vote or direct the vote of 10,496,349  Shares; has sole
power to dispose or direct the disposition of 0 Shares; and has shared power to
dispose or direct the disposition of 10,496,349 Shares.

         Mr. Harbert specifically  disclaims beneficial ownership in the Shares
reported herein except to the extent he actually  exercises  voting or
dispositive power with respect to such Shares.

         (a, b) As of the date hereof,  Michael D. Luce may be deemed to be the
beneficial  owner of  10,496,349  Shares,  constituting  9.25%  of the  Shares
outstanding of the Issuer.

         Mr.  Luce has the sole  power to vote or direct  the vote of 0 Shares;
has the shared power to vote or direct the vote of 10,496,349  Shares; has sole
power to dispose or direct the disposition of 0 Shares; and has shared power to
dispose or direct the disposition of 10,496,349 Shares.

         Mr. Luce  specifically  disclaims  beneficial  ownership in the Shares
reported herein except to the extent he actually  exercises  voting or
dispositive power with respect to such Shares."

         (c) The trading  dates,  number of Shares  purchased and sold and price
per share for all transactions in the Shares by the Reporting  Persons since the
filing of Amendment No. 3 are set forth in Exhibit K."


Item 6.  CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
         TO SECURITIES OF THE ISSUER.

         Item 6 of the Schedule 13D is hereby  amended by adding the  following
after the last paragraph thereof:

         "The  Master  Fund  closed  out of an  equity  swap  transaction  with
TradIndex  on  February 4, 2009 in the amount of 643,000  notional  Shares at a
price of $24.1164.  The Special  Fund closed out of an equity swap  transaction
with TradIndex on February 4, 2009 in the amount of 57,000 notional Shares at a
price of $24.1164."


Item 7.  MATERIAL TO BE FILED AS EXHIBITS.

         Exhibit J:   Joint Filing Agreement

         Exhibit K:   Transactions in the Common Shares of Cliffs Natural
                      Resources Inc.





---------------------------                          ---------------------------
CUSIP NO. 185896107                                              Page 15 of 17
---------------------------                          ---------------------------


                                   SIGNATURE

         After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true,  complete and
correct.


                                HARBINGER CAPITAL PARTNERS MASTER FUND I, LTD.

                                By:  Harbinger Capital Partners Offshore
                                     Manager, L.L.C.

                                By:  HMC Investors, L.L.C.,
                                     Managing Member


                                By:  /s/ Joel B. Piassick
                                     ----------------------------------------
                                     Name:  Joel B. Piassick
                                     Title: Executive Vice President


                                HARBINGER CAPITAL PARTNERS OFFSHORE MANAGER,
                                L.L.C.

                                By:  HMC Investors, L.L.C.,
                                     Managing Member


                                By:  /s/ Joel B. Piassick
                                     ----------------------------------------
                                     Name:  Joel B. Piassick
                                     Title: Executive Vice President


                                HMC INVESTORS, L.L.C.


                                By:  /s/ Joel B. Piassick
                                     ----------------------------------------
                                Name:  Joel B. Piassick
                                Title: Executive Vice President




---------------------------                          ---------------------------
CUSIP NO. 185896107                                              Page 16 of 17
---------------------------                          ---------------------------


                                HARBINGER CAPITAL PARTNERS SPECIAL SITUATIONS
                                FUND, L.P.

                                By:  Harbinger Capital Partners Special
                                     Situations GP, LLC

                                By:  HMC - New York, Inc., Managing Member


                                By:  /s/ Joel B. Piassick
                                     ----------------------------------------
                                     Name:  Joel B. Piassick
                                     Title: Executive Vice President


                                HARBINGER CAPITAL PARTNERS SPECIAL SITUATIONS
                                GP, LLC


                                By:  HMC - New York, Inc., Managing Member


                                By:  /s/ Joel B. Piassick
                                     ----------------------------------------
                                     Name:  Joel B. Piassick
                                     Title: Executive Vice President


                                HMC - NEW YORK, INC.


                                By:  /s/ Joel B. Piassick
                                     ----------------------------------------
                                     Name:  Joel B. Piassick
                                     Title: Executive Vice President


                                HARBERT MANAGEMENT CORPORATION


                                By:  /s/ Joel B. Piassick
                                     ----------------------------------------
                                     Name:  Joel B. Piassick
                                     Title: Executive Vice President





---------------------------                          ---------------------------
CUSIP NO. 185896107                                              Page 17 of 17
---------------------------                          ---------------------------


                                /s/ Philip Falcone
                                ---------------------------------------------
                                Philip Falcone


                                /s/ Raymond J. Harbert
                                ---------------------------------------------
                                Raymond J. Harbert


                                /s/ Michael D. Luce
                                ---------------------------------------------
                                Michael D. Luce




February 5, 2009


Attention:  Intentional  misstatements or omissions of fact constitute  federal
criminal violations (see 18 U.S.C. 1001)