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In a statement on the same day, Apple pledged to purchase US-made rare earth magnets developed at MP Materials Corp.’s ...
The Cupertino tech giant has inked a $500 million deal with Mountain Pass’ owner and operator MP Materials, the two companies ...
Beijing’s 91% grip on materials vital to defence and electric vehicles is down to its scale, but also its lead in processing.
The company stated that it intends to use the net proceeds from the offering to fund the acceleration and expansion of its operations, including the proposed 10X Facility.
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 ...
For the second time in three days, NELL eked out a do-or-die, one-run victory in thrilling fashion to stay alive in the Little League Baseball minor district tournament, this time holding off Mount ...
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 ...
Shares of MP Materials declined after the of rare earth metals company said it had commenced a $500 million underwritten public offering of its common stock. The stock was off by 5.8% at $55.15 in ...
Apple’s investment in the mining company MP Materials will also help the tech giant reduce its dependence on China for rare ...
Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories.
MP Materials shares are trading lower in after-hours Wednesday after the company announced a proposed public offering.