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Apple, America and rare earths

The Economist · 5h

America throws big money at a small rare-earths mine

The money will allow the business, with operations including a mine in California and a factory in Texas, to dramatically increase production of the magnets needed for fighter jets, electric vehicles,

Associated Press News on MSN · 2d

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 Tuesday to produce more of the powerful magnets used in iPhones as well as other high-tech products like electric vehicles.

Reuters on MSN · 1d

Apple inks $500 million rare earth magnet deal to bring supply back to US

Apple has signed a $500-million deal with Pentagon-backed MP Materials for a supply of rare earth magnets, becoming one of the first tech companies to ink a U.S. supply agreement after China curbed exports earlier this year.

Mars, Earth

Largest Piece Of Mars On Earth Fetches Millions At Auction

The largest piece of Mars ever found on Earth was sold for just over $5 million at an auction of rare geological and archaeological objects in New York on Wednesday. But a rare young dinosaur skeleton stole the show when it fetched more than $30 million in a bidding frenzy.

Largest Mars rock ever found on Earth sells for $4.3m at auction

The meteorite was discovered in Niger in November 2023 and is 70% larger than the next biggest piece of Mars recovered on Earth.

CNN on MSN · 23h

World’s biggest Mars rock sells for $5.3 million at auction

A meteorite that is the largest known piece of Mars on Earth has sold for $5.3 million, with taxes and fees, to an anonymous bidder at a Sotheby’s New York auction Wednesday. Known as NWA 16788, the meteorite weighs 54 pounds (24.

9hon MSN

Feinberg Brings Wall Street Drive to Rare-Earth Minerals Push

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

Apple Inks $500M Deal With the Only US Rare Earth Miner Amid US-China Trade War

The moves by Apple and the Pentagon are part of a broader U.S. push to nearshore rare earth supply chains. Earlier this year, ...

20h

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 ...

4h

USA Rare Earth: Not The Best Option In The Sector Today

USA Rare Earth's business plan shows potential and the stock has traded fairly well so far. Read why I'd sell USAR stock into ...

2don MSN

US rare earth pricing system is poised to challenge China's dominance

U.S. efforts to break China's dominance of the rare earths market and to drive investment in its own industry have moved up a ...

1d

Why Ramaco Says It Can Beat Its Government-Backed Rival For Rare Earth Supremacy

The coal company has started excavating its Wyoming critical minerals find. CEO Randy Atkins doesn’t want the Pentagon’s ...

1don MSN

Why USA Rare Earth Stock Gave Up Some Gains Today

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 ...

7h

India finds rare earth treasure trove in Rajasthan, auction soon for mining 17 critical minerals in Balotra

As part of reducing reliance on China for rare earths, India is moving ahead with the auction of patches of land in Rajasthan ...

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