U.S. stocks move: U.S. rare earth concept stocks generally rise, Cleveland-Cliffs up over 9%
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Glonghui, April 27 | US rare earth concept stocks generally rose. Cleveland-Cliffs increased by 9.2%, United States Antimony rose by 5.4%, USA Rare Earth gained 4.4%, Critical Metals was up 3.8%, and MP Materials increased by 3.6%. On the news front, Critical Metals has signed a letter of intent to acquire all outstanding shares of Australian lithium miner European Lithium for approximately $835 million. This move will give it 100% ownership of the Greenland Tanbreez rare earth project. (Glonghui)
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