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Apple, MP Materials and Rare Earths

MP Materials Posts Smaller Loss as Rare Earths Production Surges
MP Materials said quarterly rare earths concentrate production at the mine increased nearly 45% to 13,145 metric tons, while production for neodymium and praseodymium (NdPr) — the two most in-demand rare earths — jumped nearly 120% to 597 metric tons.
MP Materials stock soars after $500 million rare earths deal with Apple
US-based rare earth materials miner MP Materials Corp. (MP) saw its stock soar 20% Tuesday after announcing a deal with Apple (AAPL). Apple on Tuesday said that it had committed to a $500 million multiyear deal with MP Materials to buy its rare earth magnets for the tech giant's products.
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.
MP Materials shares jump 19% after $500 million rare earth deal with Apple
Apple has signed a $500-million deal with Pentagon-backed MP Materials for the supply of rare earth magnets, an agreement underscoring corporate America's growing alignment with U.S. industrial policy support for critical minerals projects.
MP Materials surges after smaller loss, Pentagon, Apple deals boost outlook
MP Materials shares jumped more than 10% in premarket trading on Friday, after the U.S. rare earths miner posted higher output, a smaller-than-expected quarterly loss and forecast further production gains.
MP Materials Posts Narrower Loss, Higher Revenue in 2Q
MP Materials logged a narrower loss and a jump in revenue in its latest quarter as it expects to achieve long-term profitability with two new partnerships. The rare earth producer on Thursday posted a loss of $30.
Government-backed MP Materials rises as loss narrows on record rare earth oxide production
MP Materials shares are rising after its financial results gave investors hope that the rare earth miner is moving toward profitability.
Apple’s $500 Million Deal With MP Materials — Only Rare Earths Mine In U.S. — Sends Stock Soaring
Apple called the agreement a “first-of-its-kind deal” that will bring new manufacturing lines to an MP Materials recycling facility for rare Earth elements.
Apple in $500 million rare earth magnet deal with MP to expand US supply chain
Apple has signed a $500 million deal with MP Materials for rare earth magnets, mitigating supply risks after China curbed ...
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 ...
MP Materials shares soar 11% after narrowing losses
MP Materials narrows Q2 losses, posts record NdPr output, and secures major deals with the US Defense Department and Apple.
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MP Materials’ 100% Surge: Buy Now or Brace for a Pullback?
A Rare Earth Powerhouse MP Materials (NYSE:MP), the leading rare earth materials producer in the Western Hemisphere, operates ...
Apple (AAPL) Signs $500M Rare Earth Magnet Deal With MP Materials
Apple Inc. (NASDAQ:AAPL) ranks among the best magic formula stocks to invest in. Apple Inc. (NASDAQ:AAPL) and MP Materials have inked a $500 million agreement for rare earth magnets, reducing supply ...
MP Materials: Upside Exhausted Or Just Beginning?
MP Materials surged 313% on supply chain deals and geopolitics, but rising supply risks and rich valuation limit upside. Find ...
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Apple, MP Materials Ink US$500 Million Deal to Build US Rare Earth Magnet Supply Chain
Apple (NASDAQ:AAPL) and MP Materials (NYSE:MP) have signed a US$500 million supply agreement to manufacture rare earth magnets in the US from 100 percent recycled materials. Under the deal, MP will ...