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MP Materials surges

MP Materials surges after smaller loss, Pentagon, Apple deals boost outlook
The Las Vegas-based company operates the only U.S. rare earths mine and has seen its stock more than quadruple this year as Washington moves to secure domestic supplies and cut dependence on China. Production of neodymium and praseodymium (NdPr),
MP Materials hits record high on strong output, Pentagon and Apple deals
In the second quarter, production of neodymium and praseodymium (NdPr), key materials for high-strength permanent magnets used in EV motors, wind turbines and electronics, soared 119% year-over-year to a record 597 metric tonnes. Rare earth oxide (REO) output was the company’s second-highest on record at 13,145 tonnes, up 45% from the prior year.
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.
MP Materials posts smaller loss as rare earths production surges
MP Materials posted a smaller-than-expected second-quarter loss Thursday, as the U.S. rare earths miner benefited from higher production amid booming demand, sending its shares up 8% after the bell.
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.

MP Materials Stock Is Up More Than 300% This Year. Can It Keep Climbing?

Manufacturers of lasers, semiconductors, and smartphones increasingly rely on a group of 17 metals known as rare-earth ...
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Apple, MP Materials Ink US$500 Million Deal to Build US Rare ... - MSN

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 ...

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 ...
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MP Materials soars on $500M Apple deal backing Trump’s rare earth ...

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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Apple Strikes $500 Million Deal With MP Materials To Reduce China ...

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, ...