Exhibit 99(c)
CONSENT OF CITIGROUP GLOBAL MARKETS INC.
The Board of Directors
Alpha Natural Resources, Inc.
One Alpha Place
P.O. Box 2345
Abingdon, Virginia 24212
Members of the Board:
We hereby consent to the inclusion of our opinion letter, dated July 15, 2008 as Annex B to, and to
the reference thereto under the captions SUMMARYOpinions of Financial AdvisorsOpinion of
Alpha&Betfred#146;s Financial Advisor, RISK FACTORSRisks Relating betfred sportsbook reviewto the Merger, THE MERGERBackground
of the Merger, THE MERGERAlphas Reasons for the Merger and Recommendation of Alphas Board of
Directors and THE MERGEROpinion of Alphas Financial Advisor in the Joint Proxy
Statement/Prospectus relating to the proposed merger involving Cleveland-Cliffs Inc. and Alpha
Natural Resources, Inc. which Joint Proxy Statement/Prospectus forms a part of the Registration
Statement on Form S-4 of Cleveland-Cliffs Inc. betfred sportsbookBy giving such consent we do not thereby admit that
we are experts with respect to any part of such Registration Statement within the meaning of the
term expert as used in, or that we come within the category of persons whose consent is required
betfred sportsbook reviewunder, Securities Act of 1933, as amended, or the rules and regulations of the Securities and
Exchange Commission promulgated thereunder.
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/s/ CITIGROUP GLOBAL MARKETS INC.
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CITIGROUP GLOBAL MARKETS INC. |
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August 12, 2008