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MP Materials stock soars

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.

· 19h · on MSN

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

· 21h · on MSN

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

· 18h

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...

· 22h

Apple commits $500 million over several years to buy US-made rare earth magnets

· 23h

Apple to Buy Rare Earths From Pentagon-Backed US Producer MP

Marketplace · 1h

Department of Defense directly invests in U.S.-based rare earth mining company

“China uses critical minerals as a strategic leverage, and they can turn on the tap whenever they want to and they can turn off the tap whenever they want to,” Mukherjee said.

· 18h

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

· 22h

Apple strikes $500M deal to source rare earth materials from Fort Worth facility

15h

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 largest producer.

Money Morning20h

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.

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.

18hon MSN

America’s only rare earth producer gets a boost from Apple and Pentagon agreements

MP Materials, the operator of the only rare earths mine in the United States, has signed a $500 million deal with Apple.