Key Points The Department of Defense and Apple deals are great news, but what happens next?Trying to time the pullback in MP ...

Despite a detente on China’s restrictions on the critical manufacturing inputs, shipments remain far below last year’s levels ...

The Defense Department (DOD) is investing in MP Materials to undercut China’s rare-earth magnet dominance. China dominates ...

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The necessity to secure a reliable domestic supply of rare earth materials is driving MP Materials stock higher. A deal with ...

Apple’s investment in the mining company MP Materials will also help the tech giant reduce its dependence on China for rare ...

Shares of USA Rare Earth stock are down 7.1% through 1:55 p.m. ET Wednesday, and the reason is simple: USA Rare Earth is not ...

Apple says it will invest $500 million in a magnet plant in Texas and an MP Materials recycling facility in California that ...

Apple has signed a $500 million deal with MP Materials for rare earth magnets, mitigating supply risks after China curbed ...

The magnets, which are crucial for powering components like iPhone vibration motors, will be produced at MP's Fort Worth, Texas plant.

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

The factory will develop a series of neodymium magnet manufacturing lines specifically designed for Apple products.