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MP Materials to supply Apple with US-made rare earth magnets

TechRepublic · 3d

Apple Invests $500M to Secure US Supply of Rare Earth Magnets

Apple’s investment in the mining company MP Materials will also help the tech giant reduce its dependence on China for rare earth metals.

Reuters on MSN · 4d

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 exports this year and representing a major coup for MP that sent its shares soaring by a fifth.

Insider on MSN · 4d

MP Materials spikes 30% after inking $500 million rare-earth deal with Apple

MP Materials announced a $500 million partnership to supply Apple with rare-earth materials from its US mine, sending shares soaring.

5hon MSN

Chinese Rare-Earth Magnet Exports Surge After U.S. Trade Truce

Despite a detente on China’s restrictions on the critical manufacturing inputs, shipments remain far below last year’s levels ...

9don MSN

MP Materials won a big rare-earth contract with Uncle Sam, and the stock rockets

Company’s stock rallies on U.S. support to build the 10X Facility as its second domestic magnet-manufacturing plant ...

9don MSN

U.S. Becomes Largest Shareholder In MP Materials—Rare Earth Miner—To Counter China

The Defense Department on Thursday became the largest shareholder in MP Materials, which owns the only rare earth mine in the ...

20h

China cracks down on rare earth smugglers, vowing stronger export controls

China arrests suspects involved in smuggling strategic minerals, and authorities warn of ‘increasingly covert’ tactics to ...

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