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MP Materials MP announced a landmark long-term agreement to supply Apple AAPL with rare earth magnets manufactured in the ...
MP Materials, a rare earth materials and magnet company, signed a long-term agreement worth $500 million with Apple to supply the technology giant with rare earth magnets.
The rally followed news from Apple that it committed to gobble up US-made rare earth magnets from MP Materials Corp.’s ...
Plus: Tailwater Capital secures $250 million commitment for its upstream strategy and True North Advisors acquires California-based Blue Investment Partners.
Key Points The necessity to secure a reliable domestic supply of rare earth materials is driving MP Materials stock higher. A ...
In a statement on the same day, Apple pledged to purchase US-made rare earth magnets developed at MP Materials Corp.’s ...
In 2025, the U.S. Department of Defense (DoD) agreed to buy $400 million of preferred stock in MP Materials. This investment ...
MP Materials said on Wednesday it would sell $500 million of its common stock, a day after the U.S. rare earths miner inked a ...
Apple is investing $500 million in MP Materials to build a rare-earth magnet recycling facility in California and expand a ...
Apple Inc. signs $500 million deal with MP Materials to secure rare earth magnets, reducing reliance on China.
Apple has signed a $500 million deal with MP Materials for rare earth magnets, mitigating supply risks after China curbed ...
Apple called the agreement a “first-of-its-kind deal” that will bring new manufacturing lines to an MP Materials recycling ...