Apple called the agreement a “first-of-its-kind deal” that will bring new manufacturing lines to an MP Materials recycling ...

Manufacturers of lasers, semiconductors, and smartphones increasingly rely on a group of 17 metals known as rare-earth ...

Apple has signed a $500 million deal with MP Materials for rare earth magnets, mitigating supply risks after China curbed ...

A Rare Earth Powerhouse MP Materials (NYSE:MP), the leading rare earth materials producer in the Western Hemisphere, operates ...

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

MP Materials MP announced a landmark long-term agreement to supply Apple AAPL with rare earth magnets manufactured in the ...

Apple Inc. (NASDAQ:AAPL) ranks among the best magic formula stocks to invest in. Apple Inc. (NASDAQ:AAPL) and MP Materials ...

Apple has inked a $500 million deal with the operator of a Texas-based mine producing rare earth materials used to build iPhones and other hardware – a move that comes as CEO Tim Cook’s firm looks to ...

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.

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.

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.

In a statement on the same day, Apple pledged to purchase US-made rare earth magnets developed at MP Materials Corp.’s ...