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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.
D Magazine · 3h
Apple, MP Materials Agree to $500 Million Partnership to Produce Recycled Rare Earth Magnets in Fort Worth
Plus: Tailwater Capital secures $250 million commitment for its upstream strategy and True North Advisors acquires California-based Blue Investment Partners.
Reuters on MSN · 2d
Apple in $500 million rare earth magnet deal with MP to expand US supply chain
Apple has signed a $500 million deal with MP Materials for rare earth magnets, mitigating supply risks after China curbed exports this year and representing a major coup for MP that sent its shares soaring by a fifth.
The Institute for Energy Research
3h
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 the supply ...
9hon 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. Shares in rare-earth materials and magnets company MP Materials ( MP 3.16%) blasted ...

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