Just four months into his tenure at the Pentagon, private equity billionaire Steve Feinberg has landed his first big deal: a ...

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 supports the expansion of its processing capacity and the construction of a ...

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 ...

MP Materials, which has the only operational rare earths mine in the U.S., has drawn interest as a challenger to China's ...

MP Materials announced a $500 million deal with Apple to supply recycled rare earth magnets for iPhones and other tech ...

Shares of USA Rare Earth stock are down 7.1% through 1:55 p.m. ET Wednesday, and the reason is simple: USA Rare Earth is not MP Materials. Not even close.