MP Materials announced a $500 million partnership to supply Apple with rare-earth materials from its US mine, sending shares soaring.

MP Materials stock jumped 18% after Apple signed a $500 million deal with the company to build a rare-earth magnet factory in Texas.

Apple and MP Materials unveiled a $500 million deal to bolster the iPhone maker’s domestic supply chain for rare‑earth magnets.

American innovation drives everything we do at Apple, and we’re proud to deepen our investment in the U.S. economy,” said Apple CEO Tim Cook.

Apple is investing $500 million in a deal with US rare earths company MP Materials as the iPhone maker faces pressure from ...

MP Materials Corp. (NYSE:MP) is one of the best performing mid cap stocks so far in 2025. On July 16, MP Materials announced ...

MP Materials Corp (NYSE:MP) shares are rising Tuesday after the company signed a long-term agreement to supply Apple Inc (NASDAQ:AAPL).

Apple's latest investment in a company that manufactures rare earth magnets in Fort Worth signals a significant shift in the ...

In addition, to fulfill this agreement with Apple—and in line with its public-private partnership with the U.S. Department of Defense—MP Materials will significantly expand the capacity of its ...

MP Materials' stock is on a rocket ship that's being boosted by geopolitical tensions and government investment.

In a $500 million partnership with Apple, MP Materials will significantly expand the capacity of its Fort Worth, Texas, factory to supply recycled rare earth magnets for hundreds of millions of ...