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News

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

TechRepublic · 1d
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.
NBC New York · 2d
MP Materials stock rips 20% higher after $500 million Apple deal for rare earth magnets
American innovation drives everything we do at Apple, and we’re proud to deepen our investment in the U.S. economy,” said Apple CEO Tim Cook.
Fort Worth Star-Telegram on MSN · 2d
MP Materials lands $500 million Apple deal to make magnets in Fort Worth
Apple has committed $500 million to buying recycled rare earth magnets from MP Materials, a mining company with a major manufacturing hub in far north Fort Worth.
54mon 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 ...
2don MSN
America’s only rare earth producer gets a boost from Apple and Pentagon agreements
MP Materials, which runs the only American rare earths mine, announced a new $500 million agreement with tech giant Apple on ...

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