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Apple, MP Materials and Huge Boost

Apple inks $500 million raw materials deal to boost US supply chain

Apple AAPL.O has signed a $500-million deal with Pentagon-backed MP Materials MP.N for a supply of rare earth magnets, becoming one of the first tech companies to ink a U.S. supply agreement after Chi...

· 2h · on MSN

MP Materials Stock Jumps 20%. How Apple Gave It a Huge Boost.

· 6h · on MSN

MP Materials spikes 30% after inking $500 million rare-earth deal with Apple

· 3h

Pentagon to keep working with US rare earths projects, US defense official says

The U.S. Department of Defense plans to continue working with rare earths companies to ensure diverse American supply of the critical minerals used across the economy, a defense official told Reuters...

· 5h

MP Materials Stock Jumps 25%. How Apple Gave It a Huge Boost.

· 9h

Apple Announces $500 Million Commitment to Buying American Magnets

· 3h

America's Only Rare Earth Producer Gets a Boost From Apple and Pentagon Agreements

Neha Mukherjee, a rare earths analyst with Benchmark Mineral Intelligence, said in a research note that the Pentagon's 10-year promise to guarantee a minimum price for the key elements of neodymium a...

· 1d

Rare earths miner taps seam of US government largesse

· 3h

Pentagon to keep investing in US critical minerals projects, defense official says

47m

Apple just spent $500 million to source a material that’s critical for iPhones from the US

Apple is investing $500 million in a deal with US rare earths company MP Materials as the iPhone maker faces pressure from President Donald Trump to produce its popular smartphones

3hon MSN

Apple commits $500M to US-based rare-earth recycling firm MP Materials

The factory will develop a series of neodymium magnet manufacturing lines specifically designed for Apple products.

Money Morning5h

Is It Too Late to Buy MP Materials? Apple Investment Sends MP Stock Soaring.

However, it’s not just the government rushing to ensure rare earth supply. Apple (NASDAQ: AAPL) has one-upped the Pentagon by announcing a $500 million agreement with MP Materials to secure recycled rare earth magnets.

MP Materials: Contender To Be Top REE Company Outside Of China

MP Materials is America’s only fully integrated rare earth producer with capabilities ranging from mining to end products. Learn more about MP stock here.