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Fort Worth company owning the only rare earth magnet manufacturing plant in the U.S. is being courted to the tune of millions of dollars.
The deal, announced on Tuesday, guarantees Apple a steady flow of rare earths and magnets free from China, the world's ...
Apple's bold move to secure domestic rare earth magnets may have ripple effects across multiple industries, from smartphones ...
MP Materials, which runs the only American rare earths mine, announced a new $500 million agreement with tech giant Apple on ...
The bank reported a second-quarter profit of $4.02 billion, or $1.96 a share, compared with $3.22 billion, or $1.52 a share, in the year-ago period. Analysts polled by FactSet expected $1.61 per share ...
Apple called the agreement a “first-of-its-kind deal” that will bring new manufacturing lines to an MP Materials recycling facility for rare Earth elements.
Good afternoon and happy Tuesday, readers! In today’s edition of Daily on Energy, we give you the latest on the Energy and Innovation Summit in Pittsburgh, Pennsylvania where President Donald Trump ...
US-based rare earth materials miner MP Materials Corp. (MP) saw its stock soar 20% Tuesday after announcing a deal with Apple (AAPL). Apple on Tuesday said that it had committed to a $500 million ...
Apple and MP Materials unveiled a $500 million deal to bolster the iPhone maker’s domestic supply chain for rare‑earth ...
MP Materials’ goal to become a national rare-earths “champion” that can go toe-to-toe with China was turbocharged by Pentagon ...
Apple has signed a $500-million deal with Pentagon-backed MP Materials for a supply of rare earth magnets, becoming one of ...
The factory will develop a series of neodymium magnet manufacturing lines specifically designed for Apple products.