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Deutsche Bank analyst Corinne Blanchard raised her target price on the rare-earths stock to $67 a share from $20.
The moves by Apple and the Pentagon are part of a broader U.S. push to nearshore rare earth supply chains. Earlier this year, ...
After nearly doubling in value over the last week and closing at a record high Wednesday, shares of MP Materials are sinking ...
Apple has signed a deal worth $500 million with MP Materials, the only rare earth producer of the United States.
Apple secured a $500 million deal with MP Materials for U.S.-made rare earth magnets, reducing reliance on China.
In a statement on the same day, Apple pledged to purchase US-made rare earth magnets developed at MP Materials Corp.’s ...
The Cupertino tech giant has inked a $500 million deal with Mountain Pass’ owner and operator MP Materials, the two companies ...
MP Materials, which runs the only American rare earths mine, announced a new $500 million agreement with tech giant Apple on Tuesday to produce more of the powerful magnets used in iPhones as well as ...
The largest piece of Mars on Earth became the most valuable meteorite ever sold at auction at Sotheby’s annual ”Geek Week,” ...
In 2025, the U.S. Department of Defense (DoD) agreed to buy $400 million of preferred stock in MP Materials. This investment supports the expansion of its processing capacity and the construction of a ...
Apple’s investment in the mining company MP Materials will also help the tech giant reduce its dependence on China for rare ...
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