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Apple, MP Materials and Huge Boost

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.

· 4h

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

· 8h · on MSN

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

· 6h

Pentagon to keep working with US rare earths projects, US defense official says

The U.S. Department of Defense plans to continue working with rare earths companies to ensure diverse American supply of the critical minerals used across the economy, a defense official told Reuters...

· 8h

MP Materials Stock Jumps 25%. How Apple Gave It a Huge Boost.

· 13h

Apple Announces $500 Million Commitment to Buying American Magnets

· 1d

Rare earths miner taps seam of US government largesse

Under this deal, Uncle Sam will become an investor, customer, price guarantor, and profit sharer.

· 7h

Pentagon to keep investing in US critical minerals projects, defense official says

· 9h

Apple just spent $500 million to source a material that’s critical for iPhones from the US

Money Morning8h

Is It Too Late to Buy MP Materials? Apple Investment Sends MP Stock Soaring.

However, it’s not just the government rushing to ensure rare earth supply. Apple (NASDAQ: AAPL) has one-upped the Pentagon by announcing a $500 million agreement with MP Materials to secure recycled rare earth magnets.

13h

What is MP Materials?

MP Materials Corp., a rare earth materials company, is seeing its stock price rise on news of a major commitment from tech giant Apple.

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