In 2025, the U.S. Department of Defense (DoD) agreed to buy $400 million of preferred stock in MP Materials. This investment ...

MP Materials has a large amount of cash at hand and strong demand for rare earth magnets, with new partnerships announced.

The deal, announced on Tuesday, guarantees Apple a steady flow of rare earths and magnets free from China, the world's ...

According to the agreement, the Department of Defense will purchase $400 million of a newly created series of preferred stock ...

An Historic Public-Private Partnership The U.S. Defense Dept. announced yesterday it was making a multibillion-dollar ...

Apple has signed a $500 million deal with MP Materials for rare earth magnets, mitigating supply risks after China curbed exports this year and representing a major coup for MP that sent its shares ...

Apple’s deal with Pentagon-backed MP Materials is part of the company’s broader push to bring iPhone production to the U.S ...

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(Reuters) -- Apple has signed a $500-million deal with Pentagon-backed MP Materials for the supply of rare earth magnets, an ...

MP stock jumps 40% as DoD deal boosts U.S. magnet supply chain; analysts see growth amid rising rare earth demand.