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Stock impact report

Cleveland-Cliffs (CLF) Soars 8.7% on Investor Optimism [Yahoo! Finance]

Cleveland-Cliffs Inc. (CLF) 
Last cleveland-cliffs inc. earnings: 2/20 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Shares of Cleveland-Cliffs jumped by 8.71 percent on Monday to finish at $10.61 apiece, as investors loaded portfolios in high-growth industries, with optimism supported by the US and Iran's plan to end the war. Cleveland-Cliffs Inc. (NYSE:CLF)—a US-based steel producer—has been attracting investor attention recently, supported by its efforts to diversify into the rare earths sector. industry steel Photo by Ant Rozetsky on Unsplash Last year, Cleveland-Cliffs Inc. (NYSE:CLF) announced that it officially kicked off efforts to expand beyond steelmaking and into rare earth mining, with the potential of two mining sites in Michigan and Minnesota being explored at present. “If successful, it would align Cleveland-Cliffs with the broader national strategy for critical material independence, similar to what we achieved in steel. American manufacturing shouldn't rely on China or any foreign nation for essential minerals, and Cliffs intends to be part of the solution,” Goncalves sai Show less Read more
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