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

Shares of MP Materials were up 26% in midday trading at $61.19, putting the stock on pace for a record closing high. Apple stock was up 0.6%, while the S&P 500 was flat and the Dow Jones Industrial Average was down 0.6%.

· 3h

MP Materials Stock Up 255% On Apple’s $500 Million Deal — Avoid MP

· 13h · on MSN

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

Marketplace · 4h

Department of Defense directly invests in U.S.-based rare earth mining company

The $400 million investment will create a domestic supply chain for materials used in fighter jets and missiles.

· 20h

Pentagon to keep investing in US critical minerals projects, defense official says

· 23h

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

· 22h

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...

· 20h

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

· 2d

Rare earths miner taps seam of US government largesse

19h

Apple inks $500 million raw materials deal to boost US supply chain

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

21hon MSN

Apple commits $500M to US-based rare-earth recycling firm MP Materials

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

Money Morning23h

Is It Too Late to Buy MP Materials? Apple Investment Sends MP Stock Soaring.

However, it’s not just the government rushing to ensure rare earth supply. Apple (NASDAQ: AAPL) has one-upped the Pentagon by announcing a $500 million agreement with MP Materials to secure recycled rare earth magnets.

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.

15hon MSN

America’s only rare earth producer gets a boost from Apple and Pentagon agreements

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 other high-tech products like electric vehicles.

MP Materials: Contender To Be Top REE Company Outside Of China

MP Materials is America’s only fully integrated rare earth producer with capabilities ranging from mining to end products. Learn more about MP stock here.

1don MSN

Apple's latest message to Trump: We're buying American magnets

Apple is investing $500 million with MP Materials to design and manufacture recycled rare earth magnets in the US, specifically for Apple devices.