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Apple, MP Materials and Fort Worth

MP Materials lands $500 million Apple deal to make magnets in Fort Worth

Apple has committed $500 million to buying recycled rare earth magnets from MP Materials, a mining company with a major manufacturing hub in far north Fort Worth.

· 1d

Apple strikes $500M deal to source rare-earth materials from Fort Worth facility

Fort Worth Report · 1d

Fort Worth’s MP Materials attracts nearly $1B in deals from Apple, Defense Department

· 1d

MP Materials’ stock heads for a new high. What’s behind Apple’s new rare-earths deal.

Shares of MP Materials Corp. were up nearly 25% and headed for a new high on Tuesday after the rare-earths producer struck a deal with a major, notable partner — the latest sign that U.S. tech compani...

· 16h

Apple Invests $500M to Secure US Supply of Rare Earth Magnets

· 1d

MP Materials Stock Jumps 25%. How Apple Gave It a Huge Boost.

· 1d

America's Only Rare Earth Producer Gets a Boost From Apple and Pentagon Agreements

Neha Mukherjee, a rare earths analyst with Benchmark Mineral Intelligence, said in a research note that the Pentagon's 10-year promise to guarantee a minimum price for the key elements of neodymium a...

· 1d

Apple inks $500 million rare earth magnet deal to bring supply back to US

· 1d

Apple just spent $500 million to source a material that’s critical for iPhones from the US

MP Materials launches $500M stock offering

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Cryptopolitan on MSN · 1d

MP Materials surges to 52-week high on securing $500m Apple contract

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

Newsable Asianet News on MSN · 3h

MP Materials Stock Slides As Company Unveils $500M Offering After Securing Apple, Pentagon Deals

· 10h · on MSN

MP Materials launches $500M stock offering after surging to record high

· 1d

Apple Announces $500 Million Commitment to Buying American Magnets

Apple today announced a $500 million multi-year commitment to buying American-made rare earth magnets developed by MP Materials, at a state-of-the-art factory in Fort Worth, Texas.

· 1d

Apple to pour $500M into US rare earth supply for iPhones

· 1d

Apple Strikes $500 Million Deal to Buy Rare Earths From U.S. Supplier

1don MSN

MP Materials Stock Jumps 20%. How Apple Gave It a Huge Boost.

MP will expand the capacity of its flagship magnetics facility in Fort Worth, Texas, and the two companies will develop jointly a supply line to process recycled materials at MP’s site in Mountain Pass, Calif. Shipments are expected to begin in 2027, but Apple will make a prepayment of $200 million as part of the deal.

Fort Worth factory to produce magnets for Apple products in new $500 million partnership

Apple's latest investment in a company that manufactures rare earth magnets in Fort Worth signals a significant shift in the tech giant's supply chain strategy, with implications for both the local economy and national manufacturing.

1don MSN

What is MP Materials?

MP Materials Corp., a rare earth materials company, is seeing its stock price rise on news of a major commitment from tech giant Apple.

TipRanks on MSN13h

MP Materials Stock (MP) Hits All-Time High as Apple Stake Sparks Investor Frenzy

The stock of MP Materials (MP) has hit an all-time high a day after consumer electronics giant Apple (AAPL) disclosed plans to invest $500 million in the operator of the only rare earths mine in America.

20h

MP Materials: Promising Partnerships To Boost Scaling

MP Materials has a large amount of cash at hand and strong demand for rare earth magnets, with new partnerships announced. Read why I'm rating MP stock a buy.