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Apple (AAPL, Financials) is investing $500 million to secure rare earth magnets from MP Materials (MP, Financials), doubling ...
MP Materials (MP) has made significant announcements recently, including the completion of a follow-on equity offering of nearly $650 million and new high-profile partnerships with Apple and the ...
The moves by Apple and the Pentagon are part of a broader U.S. push to nearshore rare earth supply chains. Earlier this year, ...
The money will allow the business, with operations including a mine in California and a factory in Texas, to dramatically ...
After nearly doubling in value over the last week and closing at a record high Wednesday, shares of MP Materials are sinking ...
Apple has announced a major investment of 500 million dollars in a long-term partnership with the American company MP ...
The post Apple Teams Up with MP Materials in a $500M Push for American Innovation appeared first on Android Headlines.
Apple secured a $500 million deal with MP Materials for U.S.-made rare earth magnets, reducing reliance on China.
In a statement on the same day, Apple pledged to purchase US-made rare earth magnets developed at MP Materials Corp.’s ...
The Cupertino tech giant has inked a $500 million deal with Mountain Pass’ owner and operator MP Materials, the two companies ...
MP Materials, which runs the only American rare earths mine, announced a new $500 million agreement with tech giant Apple on Tuesday to produce more of the powerful magnets used in iPhones as well as ...
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