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Stockhead on MSN14m
Lunch Wrap: ASX tumbles; Apple deal lifts rare earth stocks and Lumos soars 150pc
ASX took a tumble today as US inflation fears weighed on miners, but rare earth stocks surged thanks to a ... Read More The ...
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 ...
Loveland Reporter-Herald39m
America’s only rare earth producer gets a boost from Apple and Pentagon agreements
MP Materials, which runs the only American rare earths mine, announced a new $500 million agreement with tech giant Apple on ...
Fort Worth factory to produce magnets for Apple products in new $500 million partnership
The $500 million, five-year agreement means Cupertino, California-based Apple will buy rare earth magnets from MP Materials, which produces the magnets at a factory in north Fort Worth. The deal is ...