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After nearly doubling in value over the last week and closing at a record high Wednesday, shares of MP Materials are sinking ...
(Reuters) -MP Materials said on Wednesday it would sell $500 million of its common stock, a day after the U.S. rare earths ...
MP Materials shares remain in focus after soaring 20% yesterday on news that Apple plans to invest $500 million in the rare ...
MP Materials stock has risen 255% after a $400 million deal from the Pentagon and a $500 million magnet contract with Apple.
Deutsche Bank analyst Corinne Blanchard raised her target price on the rare-earths stock to $67 a share from $20.
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Amazon S3 on MSNApple Taps MP Materials For Recycled Rare Earth Magnets In $500M DealMP Materials announced a $500 million deal with Apple to supply recycled rare earth magnets for iPhones and other tech ...
The moves by Apple and the Pentagon are part of a broader U.S. push to nearshore rare earth supply chains. Earlier this year, ...
MP Materials shares are trading lower in after-hours Wednesday after the company announced a proposed public offering.
Apple’s investment in the mining company MP Materials will also help the tech giant reduce its dependence on China for rare ...
MP Materials inks $500M deal with Apple to make rare earth magnets, as Pentagon backs domestic mining to reduce China ...
The Cupertino tech giant has inked a $500 million deal with Mountain Pass’ owner and operator MP Materials, the two companies ...
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 ...
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