MP Materials Defense Deal

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Apple, MP Materials and earth magnets

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

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

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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.

Marketplace · 1d

Department of Defense directly invests in U.S.-based rare earth mining company

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

The investment is part of a broader push to bring the production of its coveted iPhones to the United States and boost U.S. manufacturing amid a push from the Trump administration to cut reliance on ...

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

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

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MP Materials Stock Drops Despite Higher Price Target. This Is Why.

Deutsche Bank analyst Corinne Blanchard raised her target price on the rare-earths stock to $67 a share from $20.

MP Materials: DoD Deal Is A Huge Win For Shareholders

MP Materials' stock surged 50% after a transformative Department of Defense deal. Click here to find out why I rate MP stock as a hold at current prices.

22hon MSN

MP Materials commences $500 million public offering of common stock

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 supply deal with Apple .

6don MSN

MP Materials CEO on deal with the Defense Department

James Litinsky, MP Materials chairman and CEO, joins CNBC's 'Squawk on the Street' to discuss the company's deal with the Defense Department, in which the Pentagon will become the largest shareholder in the rare earth miner.

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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.