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Key Points The necessity to secure a reliable domestic supply of rare earth materials is driving MP Materials stock higher. A ...
Producers of metals and other raw materials rose after a strong batch of economic data. Retail sales rose by more than anticipated in June, the Philadelphia Federal Reserve's business index surged ...
Shares of MP Materials slipped this morning after the rare earths miner announced plans to sell new stock, but the shares are back on the rise after closing at a record high Wednesday, ...
The moves by Apple and the Pentagon are part of a broader U.S. push to nearshore rare earth supply chains. Earlier this year, ...
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 inks $500M deal with Apple to make rare earth magnets, as Pentagon backs domestic mining to reduce China ...
In 2025, the U.S. Department of Defense (DoD) agreed to buy $400 million of preferred stock in MP Materials. This investment ...
Apple’s investment in the mining company MP Materials will also help the tech giant reduce its dependence on China for rare ...
EXCLUSIVE: Apple is expected to announce a $500 million commitment to MP Materials — the only rare earth mine currently operating in the United States, according to multiple sources familiar with the ...
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 ...