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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 ...
MP Materials, which runs the only American rare earths mine, announced a new $500 million agreement with tech giant Apple on Tuesday to produce more of the powerful magnets used in iPhones as well as ...
In 2025, the U.S. Department of Defense (DoD) agreed to buy $400 million of preferred stock in MP Materials. This investment supports the expansion of its processing capacity and the construction of a ...
Shares of MP Materials declined after the of rare earth metals company said it had commenced a $500 million underwritten public offering of its common stock. The stock was off by 5.8% at $55.15 in ...
Apple’s investment in the mining company MP Materials will also help the tech giant reduce its dependence on China for rare ...
(Reuters) -MP Materials said on Wednesday it would sell $500 million of its common stock, a day after the U.S. rare earths ...
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 ...
Firms downgrade 2025 outlook, isocyanate start-up launches, hydrogen projects advance, and more ...