Cleveland-Cliffs stock soars after company touts plans to ‘re-focus’ its rare earth mining efforts
Cleveland-Cliffs (CLF) stock rallied as much as 24% early Monday morning after the company announced it would redouble efforts related to mining for rare earth minerals, which has become one of the hottest commodities trades on Wall Street this year. “Beyond steelmaking, the renewed importance of rare earths has driven us to re-focus on this…