================================================================================
                                 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. 5)*

                         CLIFFS NATURAL RESOURCES INC.
                                (Name of Issuer)

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

                                   185896107
                                 (CUSIP Number)

                                PHILIP FALCONE
                              555 MADISON AVENUE
                                  16TH FLOOR
                           NEW YORK, NEW YORK 10022
                     (Name, Address and Telephone Number of
                      Person Authorized to Receive Notices
                              and Communications)

                                 MARCH 2, 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 19
---------------------------                          ---------------------------

                                 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               4,345,310
                                ------------------------------------------------
     BY EACH REPORTING           9    SOLE DISPOSITIVE POWER

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

                                      4,345,310
--------------------------------------------------------------------------------
11       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

         4,345,310
--------------------------------------------------------------------------------
12       CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

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

         3.83%
--------------------------------------------------------------------------------
14       TYPE OF REPORTING PERSON

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


---------------------------                          ---------------------------
CUSIP NO. 185896107                                              Page 3 of 19
---------------------------                          ---------------------------

                                 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               -0-
                                ------------------------------------------------
     BY EACH REPORTING           9    SOLE DISPOSITIVE POWER

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

                                      -0-
--------------------------------------------------------------------------------
11       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

         -0-
--------------------------------------------------------------------------------
12       CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

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

         0%
--------------------------------------------------------------------------------
14       TYPE OF REPORTING PERSON

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


---------------------------                          ---------------------------
CUSIP NO. 185896107                                              Page 4 of 19
---------------------------                          ---------------------------

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

         Harbinger Capital Partners LLC
--------------------------------------------------------------------------------
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               4,345,310
                                ------------------------------------------------
     BY EACH REPORTING           9    SOLE DISPOSITIVE POWER

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

                                      4,345,310
--------------------------------------------------------------------------------
11       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

         4,345,310
--------------------------------------------------------------------------------
12       CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

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

         3.83%
--------------------------------------------------------------------------------
14       TYPE OF REPORTING PERSON

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


---------------------------                          ---------------------------
CUSIP NO. 185896107                                              Page 5 of 19
---------------------------                          ---------------------------

                                 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               -0-
                                ------------------------------------------------
     BY EACH REPORTING           9    SOLE DISPOSITIVE POWER

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

                                      -0-
--------------------------------------------------------------------------------
11       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

         -0-
--------------------------------------------------------------------------------
12       CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

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

         0%
--------------------------------------------------------------------------------
14       TYPE OF REPORTING PERSON

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


---------------------------                          ---------------------------
CUSIP NO. 185896107                                              Page 6 of 19
---------------------------                          ---------------------------

                                 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               2,698,276
                                ------------------------------------------------
     BY EACH REPORTING           9    SOLE DISPOSITIVE POWER

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

                                      2,698,276
--------------------------------------------------------------------------------
11       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

         2,698,276
--------------------------------------------------------------------------------
12       CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

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

         2.38%
--------------------------------------------------------------------------------
14       TYPE OF REPORTING PERSON

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


---------------------------                          ---------------------------
CUSIP NO. 185896107                                              Page 7 of 19
---------------------------                          ---------------------------

                                 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               2,698,276
                                ------------------------------------------------
     BY EACH REPORTING           9    SOLE DISPOSITIVE POWER

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

                                      2,698,276
--------------------------------------------------------------------------------
11       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

         2,698,276
--------------------------------------------------------------------------------
12       CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

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

         2.38%
--------------------------------------------------------------------------------
14       TYPE OF REPORTING PERSON

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


---------------------------                          ---------------------------
CUSIP NO. 185896107                                              Page 8 of 19
---------------------------                          ---------------------------

                                 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               -0-
                                ------------------------------------------------
     BY EACH REPORTING           9    SOLE DISPOSITIVE POWER

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

                                      -0-
--------------------------------------------------------------------------------
11       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

         -0-
--------------------------------------------------------------------------------
12       CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

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

         0%
--------------------------------------------------------------------------------
14       TYPE OF REPORTING PERSON

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


---------------------------                          ---------------------------
CUSIP NO. 185896107                                              Page 9 of 19
---------------------------                          ---------------------------

                                 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               -0-
                                ------------------------------------------------
     BY EACH REPORTING           9    SOLE DISPOSITIVE POWER

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

                                      -0-
--------------------------------------------------------------------------------
11       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

         -0-
--------------------------------------------------------------------------------
12       CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

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

         0%
--------------------------------------------------------------------------------
14       TYPE OF REPORTING PERSON

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


---------------------------                          ---------------------------
CUSIP NO. 185896107                                              Page 10 of 19
---------------------------                          ---------------------------


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

         Harbinger Holdings, LLC
--------------------------------------------------------------------------------
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               7,043,586
                                ------------------------------------------------
     BY EACH REPORTING           9    SOLE DISPOSITIVE POWER

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

                                      7,043,586
--------------------------------------------------------------------------------
11       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

         7,043,586
--------------------------------------------------------------------------------
12       CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

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

         6.20%
--------------------------------------------------------------------------------
14       TYPE OF REPORTING PERSON

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


---------------------------                          ---------------------------
CUSIP NO. 185896107                                              Page 11 of 19
---------------------------                          ---------------------------


                                 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               7,043,586
                                ------------------------------------------------
     BY EACH REPORTING           9    SOLE DISPOSITIVE POWER

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

                                      7,043,586
--------------------------------------------------------------------------------
11       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

         7,043,586
--------------------------------------------------------------------------------
12       CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

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

         6.20%
--------------------------------------------------------------------------------
14       TYPE OF REPORTING PERSON

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


---------------------------                          ---------------------------
CUSIP NO. 185896107                                              Page 12 of 19
---------------------------                          ---------------------------

                                 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               -0-
                                ------------------------------------------------
     BY EACH REPORTING           9    SOLE DISPOSITIVE POWER

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

                                      -0-
--------------------------------------------------------------------------------
11       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

         -0-
--------------------------------------------------------------------------------
12       CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

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

         0%
--------------------------------------------------------------------------------
14       TYPE OF REPORTING PERSON

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


---------------------------                          ---------------------------
CUSIP NO. 185896107                                              Page 13 of 19
---------------------------                          ---------------------------

                                 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               -0-
                                ------------------------------------------------
     BY EACH REPORTING           9    SOLE DISPOSITIVE POWER

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

                                      -0-
--------------------------------------------------------------------------------
11       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

         -0-
--------------------------------------------------------------------------------
12       CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

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

         0%
--------------------------------------------------------------------------------
14       TYPE OF REPORTING PERSON

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


---------------------------                          ---------------------------
CUSIP NO. 185896107                                              Page 14 of 19
---------------------------                          ---------------------------


Item 1.  SECURITY AND ISSUER.

         This  Amendment  No. 5 to Schedule  13D  ("Amendment  No. 5") 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,  Amendment  No. 3 filed on
January 16, 2009,  and  Amendment  No. 4 filed on February 5, 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.

         Item 2 of the  Schedule  13D is hereby  amended  and  restated  in its
entirety as follows:

         "As a result of the  transfer  of certain  management  agreements  and
related transactions among Reporting Persons,  certain of the Reporting Persons
no longer  have  beneficial  ownership  of the  Shares,  and two new  Reporting
Persons have been added, as follows:

         (a-c,  f) This  Schedule  13D is  being  filed  by  Harbinger  Capital
Partners Master Fund I, Ltd. (the "Master Fund");  Harbinger  Capital  Partners
Offshore Manager, L.L.C.  ("Harbinger Manager"),  the former investment manager
of the Master Fund;  Harbinger  Capital  Partners,  LLC ("Harbinger  LLC"), the
investment manager of the Master Fund; HMC Investors, L.L.C. ("HMC Investors"),
the former managing member of Harbinger  Manager;  Harbinger  Capital  Partners
Special Situations Fund, L.P. (the "Special Fund");  Harbinger Capital Partners
Special Situations GP, LLC ("HCPSS"),  the general partner of the Special Fund;
HMC - New York, Inc.  ("HMCNY"),  the former managing member of HCPSS;  Harbert
Management  Corporation ("HMC"), the parent of HMCNY;  Harbinger Holdings,  LLC
("Harbinger Holdings"), the managing member of Harbinger Manager, Harbinger LLC
and HCPSS,  Philip Falcone,  the managing member of Harbinger  Holdings and the
portfolio manager of the Master Fund and the Special Fund,  Raymond J. Harbert,
a member of HMC  Investors  and a  shareholder  of HMC,  and Michael D. Luce, a
member of HMC  Investors  and a  shareholder  of HMC (each of the Master  Fund,
Harbinger  Manager,  Harbinger LLC, HMC Investors,  HMC,  Special Fund,  HCPSS,
HMCNY,  Harbinger Holdings,  Philip Falcone,  Raymond J. Harbert and Michael D.
Luce may be referred to herein as a "Reporting  Person" and collectively may be
referred to as "Reporting Persons").

         The Master Fund is a Cayman  Islands  corporation  with its  principal
business address at c/o International Fund Services  (Ireland)  Limited,  Third
Floor,  Bishop's Square,  Redmond's Hill, Dublin 2, Ireland.  Each of Harbinger
Manager,  Harbinger  LLC,  HMC  Investors,  HCPSS and  Harbinger  Holdings is a
Delaware  limited  liability  company.  The Special Fund is a Delaware  limited
partnership.  HMC is an Alabama  corporation.  HMCNY is a New York corporation.
Each of Philip  Falcone,  Raymond J.  Harbert  and  Michael D. Luce is a United
States citizen.  The principal  business address for each of Harbinger Manager,
Harbinger LLC, the Special Fund, HCPSS,  HMCNY,  Harbinger  Holdings and Philip
Falcone is 555 Madison  Avenue,  16th  Floor,  New York,  New York  10022.  The
principal  business address for each of HMC Investors,  HMC, Raymond J. Harbert
and Michael D. Luce is 2100 Third Avenue North, Suite 600, Birmingham,  Alabama
35203.

         (d) None of Philip Falcone, Raymond J. Harbert or Michael D. Luce has,
during the last five years, been convicted in a criminal proceeding  (excluding
traffic violations or similar misdemeanors).

         (e) None of the Reporting  Persons  have,  during the last five years,
been a party to a civil  proceeding  of a judicial  or  administrative  body of
competent  jurisdiction  and as a result of such proceeding were or are subject
to a  judgment,  decree  or final  order  enjoining  future  violations  of, or
prohibiting or mandating  activities  subject to,  Federal or state  securities
laws or finding any violation with respect to such laws."

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

         Item 3 of the  Schedule  13D is hereby  amended  and  restated  in its
entirety as follows:

         "As of the date hereof the Master  Fund may be deemed to  beneficially
own 4,345,310 Shares.

         As of the date hereof Harbinger  Manager may be deemed to beneficially
own 0 Shares.

         As of the date hereof  Harbinger LLC may be deemed to beneficially own
4,345,310 Shares.

         As of the date hereof HMC Investors may be deemed to beneficially  own
0 Shares.

         As of the date hereof the Special  Fund may be deemed to  beneficially
own 2,698,276 Shares.

         As of  the  date  hereof  HCPSS  may be  deemed  to  beneficially  own
2,698,276 Shares.

         As of the date  hereof  HMCNY  may be  deemed  to  beneficially  own 0
Shares.

         As of the date hereof HMC may be deemed to beneficially own 0 Shares.

         As of the date hereof Harbinger Holdings may be deemed to beneficially
own 7,043,586 Shares.

         As of the date hereof Philip Falcone may be deemed to beneficially own
7,043,586 Shares.

         As of the date hereof Raymond J. Harbert may be deemed to beneficially
own 0 Shares.

         As of the date  hereof  Michael D. Luce may be deemed to  beneficially
own 0 Shares.

         No  borrowed  funds were used to purchase  the Shares,  other than any
borrowed  funds used for working  capital  purposes in the  ordinary  course of
business."


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),(b), (c) and (e) thereof and replacing such items with the following:

         "References  to  percentage  ownerships of Shares in this Schedule 13D
are based upon the  113,527,411  Shares stated to be outstanding as of February
23,  2009 by the  Issuer  in the  Issuer's  Annual  Report on Form 10-K for the
fiscal year ended December 31, 2008.

         (a, b) As of the date hereof,  the Master Fund may be deemed to be the
beneficial  owner  of  4,345,310  Shares,  constituting  3.83%  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  4,345,310  Shares;
has sole power to dispose or direct the disposition of 0 Shares; and has shared
power to dispose or direct the disposition of 4,345,310 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 0 Shares,  constituting 0% 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 0 Shares;  has sole
power to dispose or direct the disposition of 0 Shares; and has shared power to
dispose or direct the disposition of 0 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 15 of 19
---------------------------                          ---------------------------


         (a, b) As of the date  hereof,  Harbinger  LLC may be deemed to be the
beneficial  owner  of  4,345,310  Shares,  constituting  3.83%  of  the  Shares
outstanding of the Issuer.

         Harbinger  LLC has the  sole  power  to vote or  direct  the vote of 0
Shares;  has the shared power to vote or direct the vote of  4,345,310  Shares;
has sole power to dispose or direct the disposition of 0 Shares; and has shared
power to dispose or direct the disposition of 4,345,310 Shares.

         Harbinger  LLC  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  Investors  may be deemed to be the
beneficial owner of 0 Shares,  constituting 0% 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 0 Shares;  has sole
power to dispose or direct the disposition of 0 Shares; and has shared power to
dispose or direct the disposition of 0 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  2,698,276  Shares,  constituting  2.38%  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  2,698,276  Shares;
has sole power to dispose or direct the disposition of 0 Shares; and has shared
power to dispose or direct the disposition of 2,698,276 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 2,698,276 Shares,  constituting 2.38% 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 2,698,276 Shares; has sole power
to dispose  or direct  the  disposition  of 0 Shares;  and has shared  power to
dispose or direct the disposition of 2,698,276 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 0 Shares, constituting 0% 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 0 Shares;  has sole  power to
dispose or direct the disposition of 0 Shares;  and has shared power to dispose
or direct the disposition of 0 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 0 Shares, constituting 0% 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 0 Shares;  has sole power to dispose
or direct  the  disposition  of 0 Shares;  and has  shared  power to dispose or
direct the disposition of 0 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,  Harbinger  Holdings may be deemed to be
the  beneficial  owner of 7,043,586  Shares,  constituting  6.20% of the Shares
outstanding of the Issuer.

         Harbinger  Holdings has the sole power to vote or direct the vote of 0
Shares;  has the shared power to vote or direct the vote of  7,043,586  Shares;
has sole power to dispose or direct the disposition of 0 Shares; and has shared
power to dispose or direct the disposition of 7,043,586 Shares.

         Harbinger Holdings 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  7,043,586  Shares,  constituting  6.20%  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 7,043,586  Shares; has sole
power to dispose or direct the disposition of 0 Shares; and has shared power to
dispose or direct the disposition of 7,043,586 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 16 of 19
---------------------------                          ---------------------------


         (a, b) As of the date  hereof,  Raymond J. Harbert may be deemed to be
the beneficial owner of 0 Shares,  constituting 0% 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 0 Shares;  has sole power to
dispose or direct the disposition of 0 Shares;  and has shared power to dispose
or direct the disposition of 0 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 0 Shares,  constituting 0% 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 0 Shares;  has sole power to
dispose or direct the disposition of 0 Shares;  and has shared power to dispose
or direct the disposition of 0 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. 4 are set forth in Exhibit M.

         (e) As  described  in Item 2  herein,  as of  March  4,  2009  each of
Harbinger Manager, HMC Investors, HMCNY, HMC, Raymond J. Harbert and Michael D.
Luce have ceased to be the  beneficial  owner of more than five  percent of the
class of securities."


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 certain equity swap  transactions  with
TradIndex  on February 5, 2009,  February 10,  2009,  February  11,  2009,  and
February  18, 2009,  in the amount of 153,357,  350,000,  316,800,  and 365,033
notional Shares,  respectively,  at a price of $23.639, $27.4164,  $26.751, and
$22.801,  respectively.  In  addition,  the Master  Fund  closed out of certain
equity swap transactions  with Deutsche Bank AG on February 18, 2009,  February
19,  2009,  February  20,  2009,  and  February  23,  2009,  in the  amount  of
188,400,127,200,  607,273, and 35,200 notional Shares, respectively, at a price
of $22.5417, $23.0423, $21.5396, and $21.2917,  respectively.  The Special Fund
closed out certain equity swap transactions with TradIndex on February 5, 2009,
February 10, 2009,  February 11, 2009,  and February 18, 2009, in the amount of
79,000, 174,800, 158,400, and 36,894 notional Shares, respectively,  at a price
of $23.639, $27.4164, $26.751, and $22.801, respectively."


Item 7.  MATERIAL TO BE FILED AS EXHIBITS.

         Exhibit L:   Joint Filing Agreement

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



---------------------------                          ---------------------------
CUSIP NO. 185896107                                              Page 17 of 19
---------------------------                          ---------------------------


                                   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 LLC

                                By:  Harbinger Holdings, LLC,
                                     Managing Member


                                By:  /s/ Philip Falcone
                                     ----------------------------------------
                                     Name:  Philip Falcone
                                     Title: Managing Member


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

                                By:  Harbinger Holdings, LLC,
                                     Managing Member


                                By:  /s/ Philip Falcone
                                     ----------------------------------------
                                     Name:  Philip Falcone
                                     Title: Managing Member


                                HMC INVESTORS, L.L.C.


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


                                HARBINGER CAPITAL PARTNERS LLC

                                By:  Harbinger Holdings, LLC,
                                     Managing Member


                                By:  /s/ Philip Falcone
                                     ----------------------------------------
                                     Name:  Philip Falcone
                                     Title: Managing Member




---------------------------                          ---------------------------
CUSIP NO. 185896107                                              Page 18 of 19
---------------------------                          ---------------------------


                                HARBINGER CAPITAL PARTNERS SPECIAL SITUATIONS
                                FUND, L.P.

                                By:  Harbinger Capital Partners Special
                                     Situations GP, LLC

                                By:  Harbinger Holdings, LLC, Managing Member


                                By:  /s/ Philip Falcone
                                     ----------------------------------------
                                     Name:  Philip Falcone
                                     Title: Managing Member


                                HARBINGER CAPITAL PARTNERS SPECIAL SITUATIONS
                                GP, LLC


                                By:  Harbinger Holdings, LLC, Managing Member


                                By:  /s/ Philip Falcone
                                     ----------------------------------------
                                     Name:  Philip Falcone
                                     Title: Managing Member


                                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


                                HARBINGER HOLDINGS, LLC


                                By:  /s/ Philip Falcone
                                     ----------------------------------------
                                     Name:  Philip Falcone
                                     Title: Managing Member




---------------------------                          ---------------------------
CUSIP NO. 185896107                                              Page 19 of 19
---------------------------                          ---------------------------


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


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


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




March 5, 2009


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