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Apple, MP Materials and Fort Worth

MP Materials lands $500 million Apple deal to make magnets in Fort Worth

Apple has committed $500 million to buying recycled rare earth magnets from MP Materials, a mining company with a major manufacturing hub in far north Fort Worth.

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Apple strikes $500M deal to source rare-earth materials from Fort Worth facility

Fort Worth Report · 1d

Fort Worth’s MP Materials attracts nearly $1B in deals from Apple, Defense Department

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Apple commits $500 million over several years to buy US-made rare earth magnets

Apple just announced a commitment of $500 million over several years to buy rare earth magnets from the US-based company MP Materials.

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Apple to Buy Rare Earths From Pentagon-Backed US Producer MP

Marketplace · 10h

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

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

The materials will be delivered throughout the United States and around the world.

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Apple Announces $500 Million Commitment to Buying American Magnets

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

TipRanks on MSN5h

MP Materials Stock (MP) Hits All-Time High as Apple Stake Sparks Investor Frenzy

The stock of MP Materials (MP) has hit an all-time high a day after consumer electronics giant Apple (AAPL) disclosed plans to invest $500 million in the operator of the only rare earths mine in America.

Fort Worth factory to produce magnets for Apple products in new $500 million partnership

Apple's latest investment in a company that manufactures rare earth magnets in Fort Worth signals a significant shift in the tech giant's supply chain strategy, with implications for both the local economy and national manufacturing.

Cryptopolitan on MSN1d

MP Materials surges to 52-week high on securing $500m Apple contract

Apple and MP Materials unveiled a $500 million deal to bolster the iPhone maker’s domestic supply chain for rare‑earth magnets.

11h

MP Materials: Promising Partnerships To Boost Scaling

MP Materials has a large amount of cash at hand and strong demand for rare earth magnets, with new partnerships announced. Read why I'm rating MP stock a buy.

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.

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