Cleveland-Cliffs: Steel Giant's Rare Earth Gamble
Update: 2025-10-21
Description
Steel giant Cleveland-Cliffs is making waves with a potential leap into rare earth mining, sending its stock soaring over twenty percent. As the U.S. aims to break China's dominance in rare earth supply, Cleveland-Cliffs' Michigan and Minnesota mines could be a game-changer for national security and tech industries. Despite weaker-than-expected quarterly results, the company's strategic shift has Wall Street buzzing and could fuel further stock gains.
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