MP Materials said on Wednesday it would sell $500 million of its common stock, a day after the US rare earths miner inked a supply deal with Apple.

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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 ...

Though there were no historical benchmarks to gauge the response, the Dollar Index could fall more than 5%. Sterling edged higher versus the euro but remained weaker against a firmer dollar after the ...

Apple has announced a major investment of 500 million dollars in a long-term partnership with the American company MP ...

The post Apple Teams Up with MP Materials in a $500M Push for American Innovation appeared first on Android Headlines.

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, 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 ...