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 ...

China has imposed export controls on two items on which it holds an almost complete global monopoly: the world’s currently ...

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 inks $500M deal with Apple to make rare earth magnets, as Pentagon backs domestic mining to reduce China ...

In 2025, the U.S. Department of Defense (DoD) agreed to buy $400 million of preferred stock in MP Materials. This investment supports the expansion of its processing capacity and the construction of a ...

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

EXCLUSIVE: Apple is expected to announce a $500 million commitment to MP Materials — the only rare earth mine currently operating in the United States, according to multiple sources familiar with the ...

MP Materials said on Wednesday it would sell $500 million of its common stock, a day after the U.S. rare earths miner inked a ...