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MP Materials to supply Apple with US-made rare earth magnets

Apple just signed a $500M deal with the owner of a one-of-a-kind California mine

MP Materials expects to start producing neodymium magnets for Apple in 2027, eventually providing parts for hundreds of millions of devices.

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Apple Strikes $500 Million Deal to Buy Rare Earths From U.S. Supplier

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

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Apple Invests $500M to Secure US Supply of Rare Earth Magnets

Apple is investing $500 million in the mining company MP Materials to secure a domestic supply of rare earth magnets for its devices.

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Apple Announces $500 Million Commitment to Buying American Magnets

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Apple to pour $500M into US rare earth supply for iPhones

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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...

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

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

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Apple invests $500 million in rare earths producer MP Materials

Apple said on Tuesday it would invest $500 million into rare earths mine operator MP Materials, as the iPhone maker seeks to localize its mineral supply chain. The investment is part of a broader push to bring the production of its coveted iPhones to the United States and boost U.

Fort Worth Star-Telegram on MSN1d

MP Materials lands $500 million Apple deal to make magnets in Fort Worth

Apple has committed $500 million to buying recycled rare earth magnets from MP Materials, a mining company with a major manufacturing hub in far north Fort Worth.

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What is MP Materials?

MP Materials Corp., a rare earth materials company, is seeing its stock price rise on news of a major commitment from tech giant Apple.

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Apple to invest $500 million in rare earths mine operator MP Materials, Fox Business reports

Apple is expected to announce a $500 million commitment to MP Materials, the operator of the only U.S. rare earths mine, Fox Business reported on Tuesday, citing multiple sources familiar with the deal.

How to Invest in MP Materials (NYSE: MP)

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 second magnet manufacturing facility in the U.S. to supply key components to military weapons systems.

Junior Mining Network4h

MP Materials Announces Commencement of Proposed $500 Million Public Offering of Common Stock

Business Wire / MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”) today announced that it has commenced a

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MP Materials Stock Soars on Apple's $500M Commitment in US Rare Earths Firm

Shares of MP Materials are surging in early trading Tuesday after Apple said it would invest $500 million in the owner of the U.S.’s only operational rare earths mine.

Why Did MP Materials Stock Jump 50% In A Single Day?

In a decisive action to bolster the U.S. supply chain for rare earth magnets—essential elements for fighter jets, missiles, and electric vehicles—the

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MP Materials’ stock surged more than 50% Thursday—here’s why

On Thursday, the United States Department of Defense (DOD) entered a major deal with MP Materials. The DOD agreed to buy $400 million of MP Materials newly created preferred shares stock. The move will make the U.S. military the company’s largest stakeholder. In the hours after the deal, the company’s stock surged more than 50%.

Apple invests $500 million in rare earths mine operator MP Materials

Apple said on Tuesday it would invest $500 million into rare earths mine operator MP Materials , as the iPhone maker seeks to localize its mineral supply chain.

Devdiscourse1d

MP Materials and Apple Forge Strategic $500M Agreement Amid U.S.-China Trade Tensions

MP Materials, operating the only U.S. rare earths mine, has secured a $500 million deal with Apple to produce magnets for iPhones and other tech products. This follows the U.S. Defense Department's $400 million investment in MP,