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Apple (NASDAQ:AAPL) is likely to commit $500 million to MP Materials (NYSE:MP), the only rare earth mine currently operating in the U.S., Fox News Digital reported, citing sources. Shares of MP ...
Apple called the agreement a “first-of-its-kind deal” that will bring new manufacturing lines to an MP Materials recycling ...
The deal, announced on Tuesday, guarantees Apple a steady flow of rare earths and magnets free from China, the world's ...
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.
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.
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.
EXCLUSIVE: Apple is expected to announce a $500 million commitment to MP Materials — the only rare earth mine currently ...
The Cupertino tech giant has inked a $500 million deal with Mountain Pass’ owner and operator MP Materials, the two companies announced on Tuesday, in a move that will help Apple onshore a part of its ...
American innovation drives everything we do at Apple, and we’re proud to deepen our investment in the U.S. economy,” said ...
Apple Inc. (NASDAQ:AAPL) ranks among the best magic formula stocks to invest in. Apple Inc. (NASDAQ:AAPL) and MP Materials ...
The deal includes a $200 million prepayment from Apple and will support production at MP's upcoming facility in Fort Worth, Texas, using recycled materials from its site in Mountain Pass, California.
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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