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

TechRepublic · 4d

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

Apple’s investment in the mining company MP Materials will also help the tech giant reduce its dependence on China for rare earth metals.

Insider on MSN · 5d

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

MP Materials announced a $500 million partnership to supply Apple with rare-earth materials from its US mine, sending shares soaring.

Investing News Network on MSN · 4d

Apple, MP Materials Ink US$500 Million Deal to Build US Rare Earth Magnet Supply Chain

Apple (NASDAQ:AAPL) and MP Materials (NYSE:MP) have signed a US$500 million supply agreement to manufacture rare earth magnets in the US from 100 percent recycled materials. Under the deal, MP will deliver recycled magnets starting in 2027 to support “hundreds of millions” of Apple devices,

2don MSN

Here's Why MP Materials Blasted Higher Again This Week

The necessity to secure a reliable domestic supply of rare earth materials is driving MP Materials stock higher. A deal with ...

The Institute for Energy Research2d

U.S. Defense Department Takes a Stake in a Rare Earth Company

The Defense Department (DOD) is investing in MP Materials to undercut China’s rare-earth magnet dominance. China dominates ...

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