MP Materials stock may be 26% overvalued after soaring in the wake of Pentagon ownership and a $500 million Apple contract. Here’s why. CANADA - 2025/06/13: In this photo illustration, the MP ...
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 ...
Apple says it will invest $500 million in a magnet plant in Texas and an MP Materials recycling facility in California that will focus on rare earth elements recovery. The recycling facility planned ...
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 Shares of MP Materials Corp. were up nearly ...
Apple has announced its new deal worth $500 million with MP Materials. The firm is now committed to buying materials from the rare-earth producer. Both companies are also joining hands to set up a ...
The U.S. government continues to support the domestic rare-earth industry, and that's good news for MP Materials.
MP Materials surged 30% on July 15 on news that it had secured a partnership with Apple. The tech giant is doubling down on US manufacturing with a $500 million commitment to MP. This comes just after ...
E arlier this month, Apple announced a new commitment of $500 million with MP Materials, the only fully integrated rare earth producer in the United States. With this multiyear deal, Apple is ...
Apple Inc. AAPL has signed a $500 million deal with MP Materials MP, a Pentagon-backed company, to secure a supply of rare earth magnets. This agreement is a strategic step to ensure a consistent ...
MP Materials MP shares have soared 148.5% in the past one year, significantly outperforming the industry’s 50.1% growth, the ...
MP Materials MP announced a landmark long-term agreement to supply Apple AAPL with rare earth magnets manufactured in the United States entirely from recycled materials. The $500 million agreement ...