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

MP Materials Stock Up 255% On Apple’s $500 Million Deal — Avoid MP

MP Materials stock has risen 255% after a $400 million deal from the Pentagon and a $500 million magnet contract with Apple. Is MP stock too high?

MarketWatch on MSN · 23h

MP Materials’ stock heads for a new high. What’s behind Apple’s new rare-earths deal.

The iPhone maker is committing $500 million to buying rare-earth magnets from the company’s flagship facility in Texas, which Apple is helping to build out.

TechRepublic · 1h

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

Apple’s investment in the mining company MP Materials will also help the tech giant reduce its dependence on China for rare earth metals.

20hon MSN

MP Materials Stock Jumps 20%. How Apple Gave It a Huge Boost.

Shares of MP Materials were up 26% in midday trading at $61.19, putting the stock on pace for a record closing high. Apple ...

Money Morning23h

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 ...

13hon MSN

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 ...

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 ...

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