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Apple, MP Materials

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

MP Materials stock may be 26% overvalued after soaring in the wake of Pentagon ownership and a $500 million Apple contract.

· 23h

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

· 1d · on MSN

Apple invests $500 million in rare earths producer MP Materials

Marketplace · 9h

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.

· 1d

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

· 1d

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

· 1d

Apple Announces $500 Million Commitment to Buying American Magnets

Apple said its commitment will support dozens of new U.S. jobs in manufacturing and R&D.

· 22h

Why Ramaco Says It Can Beat Its Government-Backed Rival For Rare Earth Supremacy

· 1d

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

Watch These MP Materials Price Levels After Apple, DOD Investments Send Stock Soaring

MP Materials shares remain in focus after soaring 20% yesterday on news that Apple plans to invest $500 million in the rare earths firm, news that came just days after the Department of Defense took a stake in the company.

1don MSN

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%.

30mon MSN

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

MP Materials launched a $500M public offering of common stock, and expects to grant a 30-day underwriters option to purchase up to an additional 15% of shares to be sold in the offering.

1hon MSN

This Company Used To Be Obscure. Now Apple and the DOD Are Buying In

MP Materials, which has the only operational rare earths mine in the U.S., has drawn interest as a challenger to China's dominance from investors ranging from the Pentagon to tech giant Apple in recent days.

17hon MSN

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

Apple is investing $500 million in a deal with US rare earths company MP Materials as the iPhone maker faces pressure from President Donald Trump to produce its popular smartphones

Money Morning1d

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.

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.