From Steel Giant to Strategic Raw Material Champion – The Rare Earth Revolution Could Change Everything!
The entry into rare earths could transform Cleveland-Cliffs from a pure steel producer to a strategic raw material champion for the US industry!
Reading Time: 1 minute
Cleveland-Cliffs is undergoing a fascinating strategic transformation that goes far beyond the traditional steel business. CEO Lourenco Goncalves has announced that the company has identified deposits of rare earth elements in its mining facilities in Michigan and Minnesota, and is now considering their commercial extraction. This is a game changer! Given China's dominance in these critical raw materials and the recent threats from Beijing regarding export controls, Cliffs is positioning itself as a potential pillar of American raw material independence....
Read this article now with a free account.
Your benefits:
- Every month, you can read 5 articles from the premium section for free.
- Monthly 2 trial issues of the Trader newspaper for free.
- Create a personal watchlist with an overview of news about your stock.
