BUZZ-Cliffs Natural Resources Inc: To sell chromite assets in Canada
** Coal and iron ore miner's shares up 4.4 pct at $4.49
** Company to sell its chromite assets in Canada to Norton Resources Ltd for about $20 mln
** Deal includes sale of Cliffs Natural's indirectly owned subsidiaries Cliffs Chromite Ontario Inc and Cliffs Chromite Far North Inc
** Company says deal is part of its strategy to focus on being major supplier of iron ore pellets to North American steel industry
** Up to Friday's close, stock had fallen 78 pct in past 12 months
© Thomson Reuters 2016 All rights reserved.