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Apple, MP Materials

The Mercury News · 57m

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 President Donald Trump to produce its popular smartphones

Barron's on MSN · 2h

MP Materials Stock Jumps 20%. How Apple Gave It a Huge Boost.

Shares of MP Materials gained 20%, closing at $58.22, a record closing high. Apple stock rose 0.2%, while the S&P 500 and Dow Jones Industrial Average fell 0.4% and 1%, respectively.

MarketWatch on MSN · 4h

MP Materials’ stock heads for a new high. What’s behind Apple’s new rare-earths deal.

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.

45m

Apple inks $500 million raw materials deal to boost US supply chain

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

3hon MSN

Apple commits $500M to US-based rare-earth recycling firm MP Materials

The factory will develop a series of neodymium magnet manufacturing lines specifically designed for Apple products.

1d

MP Materials: Contender To Be Top REE Company Outside Of China

MP Materials is America’s only fully integrated rare earth producer with capabilities ranging from mining to end products.

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