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Apple called the agreement a “first-of-its-kind deal” that will bring new manufacturing lines to an MP Materials recycling ...
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Zacks Investment Research on MSNCan MP Materials' Apple Deal Redefine U.S. Magnet Supply Chains?MP Materials MP announced a landmark long-term agreement to supply Apple AAPL with rare earth magnets manufactured in the ...
MP Materials is a US producer that just last week secured backing from the Pentagon, and will now be working with the biggest name in consumer technology.
Apple has signed a $500 million deal with MP Materials for rare earth magnets, mitigating supply risks after China curbed ...
The deal, announced on Tuesday, guarantees Apple a steady flow of rare earths and magnets free from China, the world's ...
Apple, MP Materials will launch rare earth magnet manufacturing facility in Fort Worth, TX; rare earth recycling line in ...
Apple said it would invest $500M in MP Materials, the operator of the only US rare earths mine, confirming an earlier report, as the iPhone maker seeks to localize its mineral supply chain.
In a statement on the same day, Apple pledged to purchase US-made rare earth magnets developed at MP Materials Corp.’s ...
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MP Materials shares pop 18% after $500M deal with Apple - MSNMP Materials shares gained 18% on Tuesday morning after the company signed a $500 million deal with Apple Inc. The deal will secure a domestic supply of neodymium magnets, which are critical for ...
Shares of MP Materials Corp. were up nearly 25% and headed for a new high on Tuesday after the rare-earths producer struck a deal with a major, notable partner — the latest sign that U.S. tech ...
MP Materials said on Wednesday it would sell $500 million of its common stock, a day after the U.S. rare earths miner inked a supply deal with Apple .
Apple (AAPL) is set to commit $500 million to MP Materials (MP), the only rare earth mine currently operating in the U.S., Fox News Digital reported, citing sources.
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