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According to Bloomberg, Cliffs chairman and CEO Lourenco Goncalves declined to mention any other potential bidders for the assets which include the Pinnacle complex in West Virginia and Oak Grove mine in Alabama.
“We’re not talking to the ones that hate coal,” Goncalves told the newswire.
“We’re talking to the ones that see a future, that see prospects.”
Coronado bought Cliffs’ West Virginia-based Logan County operations in January for $US174 million ($A222.7 million).
Cliffs has decided to purely focus on US iron ore operations with Gonclaves appointed as CEO in August after an activist investor replaced the previous management.
The company sold its 45% stake of the Sonoma coking and thermal coal mine in Queensland in 2012.
