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Details here Apple signs $500 million deal with MP Materials for rare earth magnets, eyes US supply chain expansion \| Det ...
Apple commits $500 million to MP Materials to boost U.S.-made rare earth magnets, strengthen supply chains, and advance American manufacturing and recycling technologies.
Apple is investing $500 million in MP Materials to build a rare-earth magnet recycling facility in California and expand a magnet manufacturing plant in Texas.
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Apple’s investment in the mining company MP Materials will also help the tech giant reduce its dependence on China for rare ...
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Announced on Tuesday, the agreement guarantees Apple a steady flow of rare earth magnets independent of China, which ...
MP Materials stock has risen 255% after a $400 million deal from the Pentagon and a $500 million magnet contract with Apple.
Rare earths company Metallium says the newly announced $500-million partnership between technology giant Apple and rare earths miner MP Materials to recycle rare earth magnets in the US underscores ...
MP Materials +6.2%, Ramaco Resources +10.7%, and USA Rare Earth +7.8% pre-market, a day after Apple reached a $500M deal to ...
Dow futures mixed as Wall Street eyes bank earnings, inflation data, and tariff risks in a cautious trading session.
MP Materials has a large amount of cash at hand and strong demand for rare earth magnets, with new partnerships announced.