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Apple, MP Materials and Huge Boost

USA TODAY · 1h

Apple inks $500 million raw materials deal to boost US supply chain

The deal, announced on Tuesday, guarantees Apple a steady flow of rare earths and magnets free from China, the world's largest producer.

Barron's on MSN · 3h

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

Shares of MP Materials gained 20%, closing at $58.22, a record closing high. Apple stock rose 0.2%, while the S&P 500 and Dow Jones Industrial Average fell 0.4% and 1%, respectively.

MarketWatch on MSN · 5h

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.

1h

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 ...

Money Morning6h

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 ...

1d

MP Materials: Contender To Be Top REE Company Outside Of China

MP Materials is America’s only fully integrated rare earth producer with capabilities ranging from mining to end products.

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