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MP Materials to supply Apple with US-made rare earth magnets

Apple Invests $500M to Secure US Supply of Rare Earth Magnets

Apple is investing $500 million in the mining company MP Materials to secure a domestic supply of rare earth magnets for its devices.

· 1d · on MSN

MP Materials spikes 30% after inking $500 million rare-earth deal with Apple

NBC Los Angeles · 1d

MP Materials stock rips 20% higher after $500 million Apple deal for rare earth magnets

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Apple commits $500 million over several years to buy US-made rare earth magnets

Apple just announced a commitment of $500 million over several years to buy rare earth magnets from the US-based company MP Materials.

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Apple to Buy Rare Earths From Pentagon-Backed US Producer MP

Marketplace · 9h

Department of Defense directly invests in U.S.-based rare earth mining company

· 1d

Apple just spent $500 million to source a material that’s critical for iPhones from the US

The materials will be delivered throughout the United States and around the world.

· 1d

Apple strikes $500M deal to source rare earth materials from Fort Worth facility

· 1d

Apple Announces $500 Million Commitment to Buying American Magnets

2hon MSN

Why USA Rare Earth Stock Gave Up Some Gains Today

Shares of USA Rare Earth stock are down 7.1% through 1:55 p.m. ET Wednesday, and the reason is simple: USA Rare Earth is not MP Materials. Not even close.

43mon MSN

MP Materials launches $500M stock offering after surging to record high

MP Materials launched a $500M public offering of common stock, and expects to grant a 30-day underwriters option to purchase up to an additional 15% of shares to be sold in the offering.

6don MSN

MP Materials won a big rare-earth contract with Uncle Sam, and the stock rockets

Company’s stock rallies on U.S. support to build the 10X Facility as its second domestic magnet-manufacturing plant

MP Materials: Contender To Be Top REE Company Outside Of China

MP Materials is America’s only fully integrated rare earth producer with capabilities ranging from mining to end products. Learn more about MP stock here.

24/7 Wall St.5d

The Defense Dept. Just Invested Billions in MP Materials. Should You Buy Too?

An Historic Public-Private Partnership The U.S. Defense Dept. announced yesterday it was making a multibillion-dollar investment in MP Materials (NYSE:MP), the sole operator of the rare earth mineral mine in California.

5don MSN

‘Boom.’ Rare-Earth Stock Gets Huge Target-Price Boost. Shares Jump Again.

Shares of rare-earth miner MP Materials have left Wall Street in the dust. One analyst is playing catch-up.