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Cleveland-Cliffs (CLF) Hits New All-Time High as Firm Sets Sights on Rare Earth Mining
Yahoo Finance· 2025-10-21 16:55
We recently published 10 Big Names Beating Wall Street at its Own Game. Cleveland-Cliffs Inc. (NYSE:CLF) is one of the best performers on Monday. Cleveland-Cliffs snapped a three-day losing streak on Monday to jump to a new all-time high as investors cheered the company’s plans to diversify into rare earth mining as part of its commitment to support government goals. In intra-day trading, the stock soared to its highest 52-week price of $16.7 before paring gains to finish the session up by 21.47 percent ...
Steelmaker Cleveland-Cliffs Says It Wants to Get Into Rare Earths. Its Stock Is Soaring
Investopedia· 2025-10-20 18:10
Steelmaker Cleveland-Cliffs said two of its mines look promising for producing rare earths. Dustin Franz / Bloomberg / Getty Images Close Key Takeaways Shares of Cleveland-Cliffs (CLF) popped 20% Monday afternoon after it shared some news along with its third- quarter earnings: The steelmaker said it wants to get into the rare earths mining business. CEO Lourenco Goncalves said "the renewed importance of rare earths has driven us to re-focus on this potential opportunity at our upstream mining assets.†He ad ...