US, Australia sign rare earths deal
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Cleveland-Cliffs CEO Lourenco Goncalves announced plans to explore rare earth mineral production at sites in Michigan and Minnesota amid China's export controls.
Cliffs Inc. jumped as much as 25% after the US steelmaker posted stronger-than-expected earnings, disclosed a pact with another metal producer and said it’s evaluating whether rare earth minerals can be extracted from its mines.
Investors treated the company like it was a rare and precious commodity.
Global automakers are scouring the globe for crucial rare earths ahead of looming Chinese export controls, with executives worried they could lead to parts shortages and plant closures.
Almost a full year after she wrapped her Las Vegas residency, Adele made her first public appearance. The 'Hello' singer stepped out over the weekend to attend the Formula One United States Grand Prix.
Former tennis star Anna Kournikova shared a rare Instagram photo with her and her longtime partner, singer Enrique Iglesias' three kids on Saturday.