The $400 million investment will create a domestic supply chain for materials used in fighter jets and missiles.

MP Materials has a large amount of cash at hand and strong demand for rare earth magnets, with new partnerships announced.

Apple Inc. signs $500 million deal with MP Materials to secure rare earth magnets, reducing reliance on China.

Apple has signed a $500 million deal with MP Materials to secure a long-term supply of rare earth magnets, a move aimed at ...

Apple says it will invest $500 million in a magnet plant in Texas and an MP Materials recycling facility in California that ...

MP Materials, which runs the only American rare earths mine, announced a new $500 million agreement with tech giant Apple on ...

Magnet shipments from the MP Materials facility in Fort Worth, Texas are expected to begin in 2027 and ramp up to support ...

Apple is investing $500 million in a deal with US rare earths company MP Materials as the iPhone maker faces pressure from ...

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 ...

MP Materials’ goal to become a national rare-earths “champion” that can go toe-to-toe with China was turbocharged by Pentagon ...

Currently, the U.S. lags behind China in the production of these materials, easily the world’s biggest miner of them. This ...

MP Materials closed +20% on its $500M deal with Apple to develop a recycling line for rare earth materials that will allow MP to reprocess rare earth elements for use in Apple products.