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Deutsche Bank analyst Corinne Blanchard raised her target price on the rare-earths stock to $67 a share from $20.
The moves by Apple and the Pentagon are part of a broader U.S. push to nearshore rare earth supply chains. Earlier this year, ...
China has imposed export controls on two items on which it holds an almost complete global monopoly: the world’s currently ...
Apple secured a $500 million deal with MP Materials for U.S.-made rare earth magnets, reducing reliance on China.
MP Materials inks $500M deal with Apple to make rare earth magnets, as Pentagon backs domestic mining to reduce China ...
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 ...
MP Materials said on Wednesday it would sell $500 million of its common stock, a day after the U.S. rare earths miner inked a ...
President Donald Trump will welcome Bahrain Crown Prince Salman bin Hamad Al Khalifa to the White House on Wednesday. It’s ...
The $400 million investment will create a domestic supply chain for materials used in fighter jets and missiles.
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 ...
MP Materials closed +20% on its $500M deal with Apple to develop a recycling line for rare earth materials that will allow MP to reprocess rare earth elements for use in Apple products.
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