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Deutsche Bank analyst Corinne Blanchard raised her target price on the rare-earths stock to $67 a share from $20.
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, ...
MP Materials said on Wednesday it would sell $500 million of its common stock, a day after the US rare earths miner inked a supply deal with Apple.
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 ...
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