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

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.

Insider on MSN · 1d

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

MP Materials announced a $500 million partnership to supply Apple with rare-earth materials from its US mine, sending shares soaring.

Investopedia on MSN · 1d

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.

5hon MSN

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

The Cupertino tech giant has inked a $500 million deal with Mountain Pass’ owner and operator MP Materials, the two companies ...

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 ...

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 ...

6don MSN

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 ...

Money Morning1d

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 ...

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

MP Materials Corp. (NYSE: MP) ("MP Materials" or the "Company") today announced that it has commenced a $500 million ...

1don MSN

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 ...

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 ...

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